| Positions | Today | Yesterday | % Change | |
| Longs | 52% | 52% | 0.00% | |
| Shorts | 48% | 48% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇗ | ⇒ | |
Following a disappointing Canadian data release mid-Thursday, the US Dollar strengthened 31-pips against the Loonie within one hour. This move pushed the rate above the weekly S1 at 1.2708.
The pair has since remained between this line and the combined resistance of the monthly PP, 200– and 100-hour SMAs just below 1.2760. The rate failed to surpass this area mid-today and consequently fell back down to the 1.2710 mark.
It is likely that the Greenback re-tests this cluster later in this session or early on Monday. However, bulls should not gain enough strength to breach it.
The general price level might not change substantially during the following 24 hours, as the rate is expected remain between the weekly S1 and the aforementioned 1.2760 area.