| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 56% | 56% | 1.6% |
| Shorts | 44% | 44% | -2.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇒ |
[ANNOUNCE]The US Dollar declined by 82 pips or 0.65% against the Canadian Dollar on Friday. The currency pair tested the lower boundary of a descending channel pattern during Friday's trading session.[/ANNOUNCE]
The exchange rate bounced off from the bottom border of the channel pattern at 1.2526 during the Asian session on Monday.
Most likely, the USD/CAD pair could continue to edge higher during the following trading session.
However, a resistance cluster at 1.2571 is likely to provide resistance for the currency exchange rate in the shorter term.