AUDUSD - on weeklies, starting at 8/12/07 finishing 13/7/08.
61.8 retracement hit once at 20/1/08 and about to hit it again at .8505, if breakout below we could see a traceback to 100% at 0.7663, although I am hoping for a bounce back to 50% at 0.8760
time will tell...get ready for an entry!
...dyor
