Yesterday's rally following the FOMC meeting signals the rise from 1.2457 has resumed and above 1.3536 would bring a stronger retracement of the decline from 1.4720 (December '08) to 1.3580/90, however, overbought condition should cap upside below 1.3630 and risk has increased for a correction later.  
Below 1.3360/70 would temporary top has been formed instead and risk correction to 1.3300 before prospect of a rebound.