AUDUSD 4-hr, AB=CD Completion at 1.618 extension

4 hour chart with last weeks horizontal lines
4 hour chart with last weeks horizontal lines added in preparation of this week
  • An AB = CD pattern completed last week near .95820
  • .95820 is also important in that a fibonnaci 1.618 extension also completed here
  • .95820 is also a strong support level which has not been touched since May 2012
  • Price to range between 0.97154 to 0.95821 ?
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