We wrote Thursday that "Kiwi has been the quietest pair in the last few weeks as the decline from the top (.7491) takes on the shape of a wedge, which is a bullish pattern. A
break through the top of the wedge near .7370 would signal that price is likely headed for a re-test of .7491." The rally from .7249 is clearly impulsive and initial support is at .7361. Continue to look higher as setbacks should prove corrective.