Australian Dollar Decline is Corrective

[B]Commentary:[/B] With the decline from .8596 corrective (so far), continue to look higher as long as price is above .8474.

A measured objective for the end of the run is at the 161.8% extension of .8332-.8510/.8355 at .8643. A pop above .8596 may complete the 5th wave of the run from .8355. Similar to the EURUSD, we expect a new high to be short lived as a pullback in a larger 4th wave is expected.
[B]Strategy:[/B] Flat