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.