Australian Dollar Objective at .8840

[B]Commentary: [/B]The rally from .8162 is wave v of larger wave 3 (that began at .7415). The rally from .8162 does not look complete though. Sideways consolidation is likely to occur in small wave iv (of v of 3) before a new high is extablished.

A measured objective for the end of the advance from .8162 is the 161.8% extension of .8162-.8476/.8332 at .8840. [B][/B] [B][/B]
[B]Strategy: [/B]Flat