EUR/AUD H1 & H4 Update

I have been expecting more downside pressure on this par mostly due to the sharp and sudden wave 2 progression but this wave developmant leaves no doubt about what is going on after all bearish levels have been invalidated.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/euraud-h1-h4-update_18.html