| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 60% | 1.64% | |
| Shorts | 39% | 40% | -2.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇑ | ⇓ | |
Despite showing some signs of strengthening on Tuesday, the US dollar failed to breach the upper boundary of the junior channel. As a result, the pair was back to the monthly pivot point at 1.2556 and remained near the area by the end of the European trading session.
The data release of the US CPI and retails sales at 1330GMT gave the currency pair an upwards movement and the Greenback gains 73 points.
The magnitude of this surge suggests that the USD/CAD pair is likely to continue trading north for a short period of time.