Commentary: Although bullish, we have warranted caution because the first bullish objective (the 100% ext. of .6639-.7272/.6824 at .7456) was already hit. It is possible that the sharp decline from .7486 is wave iv of wave c but 4th waves are rarely sharp.
Still, this is our working assumption as long as price is above .7185 (top of wave i of c). A psuh through .7486 could lead to a sharp reversal.
Strategy: Remain bullish, against .7185 target .7547/89