| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 55% | -1.85% | |
| Shorts | 46% | 45% | 2.17% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The Canadian Dollar depreciated about 0.94% against the US Dollar on Thursday. The exchange rate made bounced off a support cluster formed by the weekly PP and the 50-hour simple moving average at 1.2955 during the first part of yesterday's trading session.
Presently, the currency pair has tested a support cluster formed by the 61.80% Fibonacci retracement level and the 50-hour SMA at 1.3016.
Given that the price has breached the support level as mentioned above, the next target for the rate will be the 100-hour SMA at 1.2985.
On the other hand, the currency exchange rate could reverse from current price level and aim at the 50.00% Fibo at 1.3057 today.