| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 53% | -10.42% | |
| Shorts | 52% | 47% | 9.62% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
The US Dollar was fluctuating with no distinctive direction against the Loonie, as the pair remained near the 55-, 100–, 200-hour SMAs, the weekly and monthly PPs on Tuesday.
The same lack of momentum was apparent this morning. Even though bulls are not pushing as hard towards the upper channel boundary as on Monday, the Greenback is nevertheless moving towards the given line.
Technical indicators favour a slight correction, possibly down to the 100-hour SMA at 1.2711. The US Dollar is still likely to approach the combined resistance of the upper channel line and the weekly R1 circa 1.2780.
It is yet unclear if this pattern is breached tomorrow; however, the rate might continue trading sideways and thus overcome this barrier later in the week.