EURUSD upwards correction losing strength reversal down

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EURUSD looks like to be losing steam after hitting 1.1040

Great risk-reward opportunity

Sell below 1.1040 stop-loss 1.1050
Initiate trailing stop-loss below 1.1000 with target 1.07....

If we head above 1.1045 I would take risk of the table and watch
Note
The Euro made a fake breakout upwards and looks to be down trending again. Hopefully the downtrend continues could depends on US data release today. Important area for this pair
EURUSDeurusdshortresistenceshortTrend Analysis

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