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Next week I'm watching for a potential breakout above R1 (1.36498). If it breaks and holds, we might see a push towards R2. Otherwise, a retest of the 200 SMA around 1.36363 is possible. Gonna keep an eye on the D1 chart for confirmation before making any moves. Let's see what happens!
Aarav, the D1 chart is key. However, relying solely on a breakout above R1 might be premature. Consider the overall bearish trend and the proximity of the 200 SMA acting as resistance. A false breakout is possible.
