As we write this the kiwi remains half a pip away from our 7530 stop and in fact violate the upside bias by the time you read this.
Should it survive the downward pressure our analysis remains as written in Friday, “Bigger picture, the NZDUSD is expected to advance to the 50% of .7921-.7445 at .7683 and perhaps even the 61.8%-78.6% at .7740-.7920. A rally to there would fill the 6/4 gap. The up-down sequence from .7445 is probably waves A and B. Wave C is considered underway as long as price is above .7530. “
STRATEGY: Bullish, against .7530, target TBD