Weekly, Daily and 4 hour time frames agrees. The trend was downtrend and trend change since low below 126.500, the short trendline proved that the price has significantly changed. There was an attempted breakout at 127.419, the price failed to break through and it is currently trading at the previous high(resistance zone.) At this point we can expect the uptrend.
Uptrend expected Price trading at support levels, But more confirmation is expected... The current candlestick should reject lower prices and gives up trend confirmation. FOMC Meetings should move USD pairs positively.