| Positions | Today | Yesterday | % Change | |
| Longs | 59% | 57% | 3.39% | |
| Shorts | 41% | 43% | -4.88% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇓ | ⇘ | |
The US Dollar stopped its depreciation against the Canadian Dollar on Monday. The reason for the stop of the surge and a resulted short term surge was the encountering of a combined support level at the 1.24 mark.
Namely, the currency exchange rate found support in the lower trend line of the drawn junior channel down pattern and the first weekly support at the already mentioned 1.24 level.
Due to that reason it is expected that the pair might surge until it meets the upper trend line of the channel down pattern. Afterwards the pair should continue the decline. Or the rebound might not even continue.