| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Buy |
| Alligator (13; 8; 5) | Buy | Buy | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇗ |
The forecast for the EUR/CAD turned out to be precise, as the pair did get squeezed into a small triangle and broke downwards, where it rebounded against the combined support of the monthly PP and the 38.20% Fibonacci retracement level at the 1.4695 mark.
As a result an adjustment to the pattern was made, by slightly tilting the trend lines of the previously marked rising wedge pattern.
In regards to the future outlook, the pair is set to find support in the weekly PP at the 1.4815 level. Afterwards a surge up to the 1.4900 mark is likely going to follow.