On the daily chart, the pair continued to decline. After overcoming the important support at the "round" level of 0.7400, the decline accelerated, and the closing on Thursday was below the next "round" level of 0.7300. Although the support at 0.7300 should be strong, overcoming this level would show the weakness of the pair at the moment, and the possibility of continuing to decline to the lows of the beginning of October at 0.7200 (the next "round" level). According to directional movement indicators, the downward trend is increasing: the excess of DM- over DM+ has increased, the MACD histogram is decreasing in the negative zone, the MACD line has a negative slope.
On the four-hour chart, the trend is strong, reaching the support level of 0.7300 did not lead to a rebound, instead it degenerated to a short-term stop at the level with the formation of candles close to "doji". For this scale, the size of the wave of decline without corrections of 140 points is already large, but in general, the continuation of the decline remains preferable.
Resistance levels: 0.7300; 0.7400
Support levels: 0.7270; 0.7230