Given the counts in the other USD pairs, it seems unlikely that the advance from .7445 is complete.
However, the rally from .7445 consists of 2 nearly equal waves (a-b-c) and the drop from .7646 appears impulsive on very short term charts (a word of caution…anything under an hour is viewed with skepticism). 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. As such, a bullish bias is warranted against .7445
STRATEGY: Bullish, against .7445, target TBD