EUR/AUD H1 Update

Price needs to remain above 1.2325 to see a test of 61.8 fib. Failure @ 61.8 fib would leave the pair vulnerable to further losses as wave (c) will develop.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/price-needs-to-remain-above-1.html