Commentary: The rally from .6824 is either the end of a correction (wave C) or wave 3 within a 5 wave bull cycle from .6639. Price has stalled within the former congestion zone (.7531-.7731).
A larget setback over the next few weeks to the former 4th wave at .7304 is expected but that does not mean that a new high above .7668 will not occur before the larger decline occurs. In fact, with the decline to this point appearing corrective (3 waves), expect a new high and possibly a test of .7730 before a reversal.
Strategy: Flat