After hawkish FOMC, the pair formed h4 bearish
candle with small body and long wick followed by another bearish
candle (could be called pinbar
) and the price has reached the previously formed double top
i.e. 1. 4565
as well. If the price sustains above 14565 then this could be the mere correction after strong bullish trend
. However, if th
price breaches and forms new low, we ill be interested to short the pair provided its peer pairs breaking lows and the potential technical levels as well like oversold oscillators and key figures.