| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 73% | -0.7% |
| Shorts | 27% | 27% | 2.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇘ |
[ANNOUNCE]The US Dollar fell by 48 pips or 0.37% against the Canadian Dollar on Monday. The USD/CAD currency pair dropped below a one-week low during the Asian session on Tuesday.
[/ANNOUNCE]
As for the near future, bearish traders could continue to pressure the exchange rate lower. The potential target for bears would be near the lower boundary of a descending channel pattern at 1.2675.
However, the weekly S1 at 1.2713 could provide support for the currency exchange rate within Tuesday's trading session.