New Zealand Dollar Multiple Possibilities

[B]Commentary:[/B] The same can be said for the NZDUSD as the pair has surged higher. There are a few valid waves counts at the current juncture but look for a test of the 100% extension of .6639-.7026/.6886 at .7273 before reversal potential. A former 4th wave/congestion area (.7201) may also prove formidable as resistance.

We do not feel confident enough in the pattern to take action.

[B]Strategy:[/B] Flat