Australian Dollar Extends Gains

[B]Commentary[/B]: The AUDUSD has frustrated us as we have waited for a pullback (on order to get long) that doesn’t want to happen. The rally from .8512 is a 5 wave impulse, indicating that a corrective decline will occur – we just have to be patient. The first level of support is the reaction low yesterday at .8817.

[B]Strategy[/B]: Flat