1 week timeframe shows the trend reverse at 105.55.
Comment:
The market violates the purple ABCD triangle pattern at the point A(black). It wants to go down to retest the support level first at the point B(black). If it couldn't back up into the bull trend channel, it will lastly retest the the major support line at 105.599.
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The market violates the purple ABCD triangle pattern at the point A(black). It wants to go down to retest the support level first at the point B(black). If it couldn't back up into the bull trend channel, it will lastly retest the the major support line at 105.599.