New Zealand Dollar Continues Lower in Wave C

Kiwi continues to work lower in wave C of the A-B-C correction that began at .8108 on 7/24. A measured objective for the end of the decline is the 100% extension of .8108-.7666/.7701 at .7125. Chart support is at .7237 (5/24 low). The near term bearish bias is strong as long as price is below .7488.

Strategy: Flat