**Coming back to the daily timeframe like we said yesterday that if the candle close above resistance means that the reversal is complete. This also means that price is still able to push further, though the price has been consolidating for almost the whole day today. Which means either buyers or sellers are still holding on to their position, refusing to cut loss, leading to market consolidating pressuring them to cut their losses before being able to continue on its trend.
There's nothing much to analyze in the 4 hour timeframe as it is still consolidating without any clear price action so there should be no position entry except for the breakout from the news report. So best is to wait for either break above or below, then confirmation by closing above resistance or below support before we can enter a trade. But if there is a need to enter a trade now better look up the 1 Hour or 15 minutes timeframe, but be prepared for the risk it is more than using the 4 hour timeframe to trade. Though it can be profitable if you can understand the relation between each timeframe and are able to find a profitable and safe scalping entry, that would be for the best.