The daily chart: the paiir is oriented towards direction to the strong pivot zone 120.40. Resistance - 123.50 (the middle Bollinger Band).
Н4:we confirm resistance zone 123.50
Н1: signs of exhaustion of the downward movement - convergence of the oscillator. The pair is still clearly the downward potential, but he's obviously been cut. Local resistance - 122.38 (middle Bollinger Band).
Expectations: touch of 122.38, then another cut to the 121-th figure, where you can search for signals of the upward reversal
1) Sales from 122.38 to 121.80.