New Zealand Dollar To Test December High

[B]Commentary[/B]: Kiwi is close to testing the December high of .7937. A push through there could complete an ending diagonal as wave 5 within the 5 wave bull cycle from .6639. Under this scenario, a violent reversal would take place and bring price back to .7365 before bullish potential returns. We will watch for now as the pattern plays out but the mentioned scenario is one that could present a bearish opportunity in the next week or so.

[B]Strategy[/B]: Flat