Commentary: We maintain that the .7785-.7394 decline was an impulse. This means that at least one more leg lower will take place. The up, down, up scenario that has unfolded since .7394 looks like an a-b-c expanded flat correction.
The correction may be complete at .7569 since exceeding .7556 satisfies minimum expectations. See our special report from Friday at NZDUSD Top.
Strategy: Get bearish now, against .7785, targets TBD