| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 37% | 0.00% | |
| Shorts | 63% | 63% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
Downside risks prevailed in the market on Monday, thus sending the US Dollar to slumped by about 106 base points against the Canadian Dollar.
Currently, the currency pair is located near the bottom border of a descending channel pattern at 1.3171 and could be set for a breakout.
If this breakout occurs, the exchange rate will aim for a support cluster formed by the combination of the weekly and the monthly PPs at 1.3108 today.
However, the currency exchange rate could reverse from present price level and aim for a re-tests of a resistance level set by the 50-hour simple moving average and the weekly PP at 1.3231.