Patience is a Virtue.

Good evening all,

Having difficulties again so just a quick update.

Price action has again not offered any good conviction and therefore there has not been any good direction, but as NFP is out at the end of the week this could be the catalyst needed and we shall possible have to await this, hence todays title.

Price has broke both trendlines shown but is just hanging around the V.I.

However the GBPAUD mentioned last night has given a nice move down and another chart to look at tonight is the Loonie as this is in a downtrend but at present is showing signs of a possible 123 and so for the continuation trade south the best way to trade (i.e. safest ) would be to wait for a break of the mid October low.

As always please ensure to do your own analysis before taking any trade.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.