[B]Commentary[/B]: Naturally, the Kiwi is in the exact same position as the AUDUSD. Since the NZDUSD already tested the 61.8% of .6639-.7272 at .6881, it seems more likely that a B wave low is already in place at .6869 and that price is headed higher in wave C to test .7500 before a reversal.
.7501 is the 100% extension of .6639-.7272/.6869 and .7547 is the 61.8% retracement of .8082-.6639.
[B]
Strategy[/B]: Remain bullish, against .6869, target .7500
[B]Written by Jamie Saettele, Technical Currency Strategist[/B]