A short-term upward correction is possible.
On the 4-hour chart, the price is trying to rebound from the level of 0.6454. A breakout of the level of 0.6500 would allow the pair to grow to 0.6550 (23.6% correction). However, in the medium-term more likely seems to be a breakdown of the level of 0.6454 and a fall continuation. The daily chart is more interesting, however. The price broke down the level of 0.6600 (23.6% correction) and continues falling. At present, the likely scenario seems to be an upward correction toward the level of 0.6550 that coincides with 50% Fibonacci fan, from where it rebounds and falls to 0.6345 and 0.6255.
Buy the pair above the level of 0.6500 with targets at 0.6550, 0.6600 and stop-loss at 0.6470.
Short positions can be opened after the breakdown of the level of 0.6454 with targets at 0.6345, 0.6255 and stop-loss at 0.6480.