Resistance of 1.575 has been broken 3 times since Nov 2013. Last time was a double-top in Jan * Feb 2017. I don't see any reason (shocking news apart) why it would break and maintain over the 1.575 line, not for a double-top again, and will return to the 1.575 and then continue to then 1.563. Swing has started.
RSI, MCAD, Stoch also have began their drop (visible in the 1h).
Feel free to comment, so me and others who see this can learn :)