[B]Commentary[/B]: Strategy has remained flat recently and that is because we have honestly had no idea what is going on with NZDUSD. Yesterday’s violent drop is from the top. Typically, violent declines occur in the middle of moves, not at the beginning. This is why we find this quick decline suspect. That, and that other counts are dollar bearish. In looking at the decline at close range (15 min chart), the drop is actually corrective (3 waves), and is probable a second wave zigzag. As such, a bullish bias is warranted.
[B]Strategy[/B]: Bullish, against .7641, target TBD