AUD/USD – Possible fractals

July 8, 2010

Possible fractals could be building. The child fractal should be close to its top, if the fractal view is to stay. We should not see a move above 87.76 as that would call for a new test of 88.62 and maybe even a slight new high, but it will not destroy the longer term picture calling for a move down to at least the 75 area.

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