cracks 70c, page-11

Soz guys, been v busy at work, so haven't done the hard core analysis yet... but as I fleetingly mentioned in a post a couple of days ago, I expected that the Aussie dollar would pull back to around 67 cents... was a fairly flippant target primary reason for that was based on targets as per macd divergence on the histograms of the 1 hour chart, as well as a rather large gap that occured at 6780 level... but I pulled the figure of 6700 out of the air as a nice round number. We have almost reached 6780 now, and my expectation is that a long from here should be good...though expect a little jumping around as people recover and freakout from the quick drop haven't targetted where to yet middle term, though off the top of my head says 7800 to 8000 is next upside major resistance with a bit of a halt around the 6900 level shorter term.

Cheers

;)