Australian Dollar a-b-c Correction Over?

Commentary: We wrote yesterday that "a small c wave is expected to unfold from .8447 (or close to it). Measured objectives are at .8336 and .8267 (100% and 161.8% extensions of .8467-.8365/.8447).

The longer term structure remains bullish though." An a-b-c correction may have ended at .8359 though and we will turn bullish on a rally through .8447. Strategy: Flat now, getting bullish above .8447, against .8359, targt TBD