we have 2 time frames here for mid term and long term analysis.
Daily - We have a almost complete head and shoulder pattern, if things go according to the head and shoulder pattern, we should expect a nice downfall from this point and on
- RSI divergence - MACD divergence
4hrs - Broken trend line with a retest already done - RSI finally heading down after being in a overbought territory for sometime. - great win to loss ratio
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am closing this pair temporarily till FOMC is over. FOMC may go in our favour but am not willing to take this risk. I will open this trade if its still valid after FOMC.