Well done to all you lucky sausages who managed to get in down below while the rest of us chalk up yet another near miss.

The corps have been busy shifting their orders about and they have thinned out the board. This could mean a sizable move afoot, which I see is already in the process of happening.

usdcadh4 10 05 2013

The topside channel has been hit but the 100 H4 ma stalled further gains with the 200 H4ma just above at 1.0155.

Corporate sell orders are at 1.0150, so that ties in nicely with the top but they are not said to be large. The board has been cleared up until 1.0300 probably wary of the general dollar move.

On the downside bids are at 1.0030 and 1.0000