| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 43% | -19.44% | |
| Shorts | 64% | 57% | 10.94% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇑ | ⇒ | |
The Greenback strengthened against the Loonie following a Canadian fundamental event, which occurred yesterday. Namely, immediately as the Governor of the Bank of Canada started to speak, the Canadian Dollar began to lose value. The event caused a surge of almost 100 base points in the USD/CAD currency exchange rate.
As a result, the currency pair breach the weekly R1 at 1.2939. However, the rate encountered a short period of consolidation during the first part of Wednesday's trading session.
Everything being equal, bulls are likely to continue their dominance over the rate within the next 24 hours.