| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 74% | -1.6% |
| Shorts | 27% | 26% | 4.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The US Dollar has risen by 98 points or 0.74% against the Canadian Dollar since Thursday's trading session. The currency pair breached the lower boundary of a descending channel pattern at 1.3177 on Friday morning.
Given that the exchange rate has breached the lower boundary of the channel pattern, bearish traders could continue to pressure the USD/CAD pair lower during the following trading session.
However, the currency exchange rate could make a brief pullback towards the 1.3245 level within this session.