This instrument is still inside the triangle.
Chart below
There was a break to the down side yesterday lunchtime, however it was short lived and an entry did not present itself.
There is more news for the euro and the USD today, so for now I am waiting for the break to be confirmed before I get involved.
Aussie / CAD UPDATE
This was a trade I tried last week.
This trade hit its 5% target early this morning.
That made a 20% week if I had managed to get a slightly deeper pull back on those four trades.
Chart below.
I will post again as soon as I find a strategy trade, that offers good risk reward.
Regards
Scott
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