| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 34% | 34% | -1.8% |
| Shorts | 66% | 66% | 0.9% |
| 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 | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
The US Dollar has declined by 79 basis points or 0.57% against the Canadian Dollar since Monday's trading session. A breakout occurred through the lower boundary of a descending channel pattern on Tuesday morning.
Given that a breakout had occurred, the USD/CAD exchange rate would continue to edge lower during the following trading session. The possible target for bearish traders could be at the 1.3872 region.
A potential upside reversal could occur from the weekly support level at 1.3872 within this session.