Daily chart: trending bearish pressure from ADX.
Н4: we notice bullish convergence of the oscillator and support in the area of 118.25. The price can get corrected upwards in the direction of the middle Bollinger band (118.89, 119.57).
Н1: also well-expressed expressed bullish convergence of the oscillator. We expect rebound from the zone 118.25-118.47
Expectations: touch of the zone 118.25-118.47 and then rebound to 118.89