As shown in the chart, the pair has reached a linear level which had been used as a strong resistance several times before.
There is further confluence when considering the fact that the market is at the 0.786 fibonacci level
A good SELL opportunity due to the fact that the current market is on a ranging market as well as the fact that it is high on RSI. We can therefore anticipate a drop.
There is further confluence when we consider the fact that the top linear level had been rejected previously 3 times.