I cannot be certain as I am not at my computer, but my phone is suggesting the GU has made a concerted effort to stretch up to the 61.8 weekly retrace just above the 4hr 200ema from memory. It was at the 50 retrace earlier before I went to bed. Can anyone check this at all? If so, I would take this as a decent code, that we have topped out considering the Aussie is at the same retrace, is at a trendline junction, monthly Macd sharply down, weekly and monthly bearish divergences etc, etc. noting the important role the GU plays in directing major currencies. Would be helpful to everyone I feel to confirm that GU retracement. Thx in advance. Phil
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