Daily chart: reversal down from the upper Bollinger band was confirmed. The medium-term potential for the development of a downward wave is quite large – until support at 107.72 (lower Bollinger line).

Н4: locally, the pair is trading down. The nearest strong dynamic support is at 108.80 (lower Bollinger band). A break below today is improbable.

Н1: the hourly lower Bollinger envelope has been broken, which is a signal for the continuation of the main trend. We are waiting for a decline in quotations to support 108.80.

Conclusions: decrease to 108.80.
Trading decisions: sales to 108.80.