| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 64% | 69% | -8.6% |
| Shorts | 36% | 31% | 15.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The US Dollar appreciated about 42 base points against the Canadian Dollar on Tuesday. The weekly R1 provided resistance for the currency pair during yesterday's trading session.
Most likely, a brief retracement towards a support cluster formed by the combination of the 50-, 100—200-hour SMAs near the 1.3100 area.
If the support cluster holds, the USD/CAD currency exchange rate will continue its upside movement during the following trading session.
However, technical indicators suggest that the Greenback might edge lower within this session.