Daily chart: the pair remains in the area of the middle Bollinger band (108.94), where there is a slight respite after the correction. The decline will probably continue, inasmuch as the bulls failed to break through the upper Bollinger envelope.

Н4: the local upward technical correction is potentially limited by the resistance zone 109.16 (Bollinger middle line). The lower Bollinger envelope has been broken, so a downward reversal from this zone can be expected.

Н1: intraday quotes can fluctuate in the horizontal corridor 108.83-109.03 within the Bollinger envelopes. The ADX activity is extremely small, so the flat forecast is one of the most probable today.

Conclusions: flat in the range 108.83-109.03.
Trading decisions: sales from the zone 109.03-109.16.