Australian Dollar Up 12 Consecutive Days

[B]Commentary[/B]: The AUDUSD has closed up 12 consecutive days (today would be the 13th), but the rally from .8707 is choppy (possible a diagonal), which warns that upside momentum is waning.

.8840 has been a measured objective and the high this morning is at .8862. Risk of a reversal is high. [B]Strategy[/B]: Flat