| Positions | Today | Yesterday | % Change | |
| Longs | 53% | 47% | 11.32% | |
| Shorts | 47% | 53% | -12.77% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
The US Dollar depreciated about 65 base points against the Canadian Dollar on Wednesday. The surged was stopped by a support level formed by the 200-hour simple moving average at 1.3325.
The USD/CAD currency pair was trading near the lower boundary of an ascending trendline at 1.3353 during the first half of today's session and could be set for a breakout.
If this breakout occurs, the currency exchange rate will aim at a swing low level of 1.3260 during the following trading session.
On the other hand, if the price passes the 50– and 100-hour SMAs, the next target will be near a resistance level at 1.3419.