Market Predictions based on Elliott Wave Theory and Traditional Technical Analysis
Tuesday, December 8, 2009
AUD/USD Hourly Chart
Here is a nice looking setup on the AUD/USD pair. A clear 5 waves down are present and A and B waves look to have completed. I will be looking to short from the 61.8% Fibonacci at 0.922 with a stop just about the high at 0.9323.
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