20SMA - Blue 200SMA - Pink Key Confluence Areas - Grey Lines Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it: Head & shoulder 1D structure. Classic lower right shoulder! Curled 20SMA could offer resistance and/or limit upward attempts. Will structure be respected for a fall towards 105 or next key support?
KEYNOTE: Weekly inverse rejection candle close; we'll see if the wick offers any upward assistance.
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