RSI DIVERGENCE - REJECTION OF 61.8% RETRACEMENT & PIVOT POINT
The pair advanced to break the bearish trendline but soon after rejected the 61.8% retracement from December's high & a twice tested pivot level. Plus there is a strong RSI divergence indicating the pair might move lower. S/L has been placed above the pivot level (it might retest it). Will move it to B/E if 1:1 is reached.