It was a great string.... Nine tests. Ok one move below it (number 6) after the 200 day MA (green step line at point 6) was broken at the same time, but the momentum quickly faded. If you can look past that one "stop hunting" break, the USDCAD hourly chart had nine tests of the lower trend line. AMAZING. "And the trend line of the year on a 4-hour chart, goes to .... USDCAD" So what now? Well, the correction off the low tested the underside of the broken line. That level comes in at 1.3042 currently. If the move outside the confines of the trend line is something sellers can deal with, they will continue the ... (full story)