Daily: the pair is aimed at the support area 134.79, where the lower Bollinger band is now located. Whether the bears will go lower will depend on the state of ADX at the moment of testing.

H4: There are already three bars beyond the bottom Bollinger envelope. Usually after 4-5 bars in this zone a trend reversal takes place.

H1: Downside potential is still present, till 135.31. Most likely, the bears will work up to that level before we see the reversal upwards.

Conclusions: decline to 135.31.

Recommendations: Sell to 135.31.