short term long to short

US strength could be the LPSY of the AUD - this means we could get a high to the BC, some rangebound moves and then the drop to around 74000 level.

in terms of Elliott, we are either in the 3-4 down or if we get a new high here it will be a fake-out and then down.

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Comment:

The revised level suggests the pullback only being up at 7891 potentially - if it is to fit with the schematic and overall formation.