Australian Dollar Wave 4 Correction

[B]Commentary:[/B] The AUDUSD has hardly budged therefore there is no change to the outlook. "The Aussie is in an interesting position right now. The advance from .7673 has stalled at the 38.2% of .8661-.7673. The rally is also in 3 waves so it is possible that a 4th wave is complete or close to complete at .8065.

A drop under .7673 would complete 5 waves down from the top (.8870) and give scope to a large correction higher."
[B]Strategy:[/B] Flat