| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 36% | -12.4% |
| Shorts | 68% | 64% | 5.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The US Dollar appreciated about 63 basis points against the Canadian Dollar on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern during the previous session.
The USD/CAD exchange rate will likely aim for a support cluster formed by the 38.20% Fibonacci retracement level and the 50– hour simple moving average at the 1.3275 area within this session.
If this support cluster holds, a possible upside reversal could occur during the following trading session.