| Positions | Today | Yesterday | % Change | |
| Longs | 58% | 59% | -1.72% | |
| Shorts | 42% | 41% | 2.38% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇓ | ⇘ | |
The consolidation, which started on Monday, on the USD/CAD currency pair has broken the previously speculated channel down pattern. Namely, the patterns resistance line managed to hold on only for three hours.
However, that does not necessarily indicate at an upcoming surge. In the second half of Tuesday's trading session the currency pair was approaching the resistance represented by the 55-hour SMA, which was located at the 1.2460 mark.
Moreover, there are additional resistance levels located at the 1.2470, 1.2480 and 1.2490 levels. Due to that it can be expected that the pair will resume the decline and reveal a medium sized pattern.