New Zealand Dollar Objectives at .8049 and .8099

[B]Commentary:[/B] Kiwi continues to rocket higher and the next level of potential resistance is the 138.2% of .7463-.5928 at .8049. The 161.8% extensions of .7237-.7637/.7452 is at .8099 and is also potential resistance.

Althought Kiwi has extended, the form remains the same and we are looking for a 4th wave (within the 5 wave rally from .7237) to eventually unfold before a 5th wave makes a new high. The structure remains bullish.

[B]Strategy:[/B] Flat