Technical: I have seen many times before that 4H RSI divergence at top or bottom of price is an early signal of trend reversal. I've given a link of my previous analysis where price was dropped around 500 pips. I am expecting that to happen here too. But again this is a long term trade and could take up to few weeks. In the journey there could be some price manipulation and some ranging may happen also.
Fundamentally: Next month US Fed will increase interest rate so US dollar will be stronger and hence big guys should take long term position from here.