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It might be the trend line of the year... and the USDCAD breaks it.

Discussion in 'Technical Analysis' started by ForexLive, Mar 17, 2016.

  1. ForexLive

    ForexLive Forum Member

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    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.

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