![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVTqfeb7pCNpxcu61w7IWa4vyr2bpwiqlB0N-zyvXfQ7dkrpGImwpolXazhmeM3FkUUH1Cp4INkTJgEFZfr_Dpg9tcCuf61OZZPwL2tnlvxsurvWbczvaq2ezX7Bfz-LcfS5W3VMXNPtk/s320/%E2%82%AC$+16+july+2.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhP8j_BZAEWmsUizREqMLMRtUQ9L06glyCv6ySgbVBEdtqdgeLW5uRNLHIZjI3ldJvy48XVYsS5Utx1Us2kGojuL25sHlgBrzDsA_47ho8QJFZUh6EK0yZUMIEImb8-I8clCGSpFTmKIQw/s320/%E2%82%AC$+16+july3.gif)
OK, we finally topped out just a tad under 1.3010( on my Ensign feed) and i now expect a retracement to the mauve CL that i have been banging on about for weeks and that we went through yesterday at around 1.2850...this would represent somewhere between a 23.6%fib RT & a 38.2% but there's no guarantee that we will not go further. All the stochastics i use are/were up till an hour or to ago topped right up in the 90s including the daily so price could come back even further maybe down to the 1.2700 area.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgr3KbebGbBWzzax2U6IjyCgKrky7R8NAqsNlpWXL0PoySTeeB0nFp7rhllu2oslGtPKowpk1QZxe-vo9zqk61V0F7QzzWvMjgA02mHWvIOeM6nF2KASEbm5E6h0up8pE_GO1vzv-ifmME/s320/%E2%82%AC$+16+july+1.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhT83lqHR6aMUb8C83dSkDEOxUUzP5O638zO84xCcjReLvALyb1bPB2OAp8bX2F1evCqREvo3iZz6nIuOlY5V9H3a8ssfc9KzXR38SvmRhKNRSir2VXXBhfh5fVjxlxq3B6C797hhJvywo/s320/%E2%82%AC$+16+july.gif)
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