| Positions | Today | Yesterday | % Change | |
| Longs | 28% | 27% | 3.57% | |
| Shorts | 72% | 73% | -1.39% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Sell | Sell | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The 50-hour simple moving average has guided the US Dollar higher against the Canadian Dollar since December 24.
Presently, the exchange rate is trading near a support level formed by the 50-hour SMA at 1.3593.
If the currency pair passes the support level as mentioned above, the next target will be at a support cluster near the 1.3527 area.
On the other hand, if the 50-hour moving average holds, bullish traders could push the currency exchange rate towards the upper boundary of a one-week ascending channel pattern at 1.3650.