| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 48% | -29.73% | |
| Shorts | 63% | 52% | 17.46% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
The US Dollar has managed to maintain its strong position against the Loonie for the third consecutive session even despite signs of a possible reversal.
Although the upper boundary of the four-week channel provided significant resistance for several hours, the pair was able to gather the required momentum and surge up to the weekly R2 located at 1.2906.
During the aforementioned surge, technical indicators have remained at unsustainably high positions; thus, bulls should eventually force the pair for a decline. This might even occur in this session, as a breakout is generally followed by a brief retracement.
Apart from the upper channel line, the nearest resistance is set by the 55-hour SMA circa 1.2840. A breach of the weekly R2 would send the pair for the weekly R3 near the 1.2980 mark.