Simple's Green Room

[pennies2007]

Well gang, AU made a slightly higher high here....only by a pip or so but it does effectively negate the five wave count to the downside that I had earlier.

That being said, the one hour chart shows a pretty well completed matrix series to the upside right now so I'm still looking for a pullback before much longer, possibly back to the 1.03 support level but at least to 1.0350. Depending on how it shapes up, I'll probably exit there.