Australian Dollar Digests Gains

[B]: [/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][/B]
[B]Strategy: [/B]Flat