| Positions | Today | Yesterday | % Change | |
| Longs | 70% | 71% | -1.43% | |
| Shorts | 30% | 29% | 3.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇓ | |
The previous forecast for the USD/CAD pair was wrong on one account. The pair did not need the additional support of the weekly S1 at 1.25 mark to break the junior patterns resistance.
After dropping on the release of the Canadian Retail Sales on Tuesday the currency exchange rate found support in the lower trend line of the dominant pattern. The support was strong enough to propel the rate through the resistance of the junior pattern and the 55-hour SMA.
In regards to the short term future, the pair needs to break past the 100-hour SMA at 1.26 mark to surge up to the strong resistance cluster near the 1.2640 mark.