New Zealand Dollar Weakness Should be Marginal

Commentary: Look for a drop below .6834 to complete the decline from .7272, which would be wave b in the correction from .6639. Potential support is the 78.6% of .6639-.7272 at .6775.

A strong rally in wave c is expected to register a new (above .7272).

Strategy: Flat (look to get bullish close to .6775, against .6639, target above .7272