[B]Commentary[/B]: We have favored recently that wave 3 within a 5 wave bull cycle from .8549 is underway but given the strong signs that the dollar will strengthen across the board for at least the next few days, we are abandoning the bullish bias (for now). Instead of wave 3 higher being underway, the recent top at .8859 could be a b wave top within a larger wave 2 correction. This means that wave c will bring the Aussie below .8682 (if only slightly) before the real bull leg begins.
[B]Strategy[/B]: Exit bullish position