Jwaring

CONSOLIDATION NEAR 1.4000 - WAITING FOR THE BREAKOUT

FX:USDCAD   U.S. Dollar/Canadian Dollar
32 0 0
Consolidation towards 1.4000 evident on the 4H chart.

No position opened yet, waiting patiently for a firm move above/below channel.

Break above - Target 1.4300
Break below - Target 1.3810

Eye on fundamentals as always.

Cheers,
Trade closed: target reached: As expected - I'm happy with this for a shert term trade. Looking now for continuation to 1.3670.
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