The orange trend line is drawn from Nov 3rd, the price broke the trend line recently, and reacted to the trend line again. There is a support level around 1.05848 also the price is at the top of Bollinger Bands in 1H timeframe, so a SHORT at 1.064 could be a good idea with TP of 1.059 for a sweet 50 pips of profit.
This idea must come true for today or at most tomorrow. If it didn't work out until then, you can disregard it.