It looks like we have fake breakout. Price drops below the resistance level and we have a bearish divergence. It's sell opportunity and we can open short trades below the low of the previous bearish candle. Also if price breaks MA100 (yellow line), it will be a good entry level confirmed by price action for new short trades. Stop orders must be above 1.12900 level. Profit target should be near 1.10000 level.
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