| Positions | Today | Yesterday | % Change | |
| Longs | 25% | 37% | -48.00% | |
| Shorts | 75% | 63% | 16.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
The USD/CAD exchange rate continues to strengthen for the fifth consecutive trading session on Wednesday. The upward movement allowed the currency pair to dashed through the upper boundary of both ascending patterns.
Despite facing a strong resistance level set by the weekly pivot point at 1.3280, bulls managed to gather enough strength to push the price movement higher today.
Technical indicators are still bullish for today; therefore, it is expected that the currency exchange rate continues to maintain the bullish momentum during the following trading session.