[B]Commentary:[/B] The AUDUSD continues to chop higher in the 5th wave (of a 5 wave rally that began at .7415) of the 3rd wave ( of a 5 wave rally that began at .7268).
The pair may continue to extend towards where wave v (from .8162) would equal wave i of 3 (.7415-.7979) at .8726. A wave 4 decline is eventually expected to bring price back to .8162 (or close to it). [B]Strategy:[/B] Flat