On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head back down the the support level at 665.000, where the 78.6% Fibonacci line is.
Price may go back up and head towards the resistance at 745.500 where the 38.2% Fibonacci line is located.
There are no major news.