the upside prevails as long as 1.6446 is support.
the downside breakout of 1.6446 would call for 1.6398 and 1.6369.
the is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for divergence in this case). The is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.6461 and 1.6436).