| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Neutral | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
Upside risks have dominated the EUR/CAD currency pair since the rate pullback from the lower boundary of a two-week ascending channel at 1.4769.
The exchange rate is stranded between SMAs during the morning hours of Monday's session. The 200-hour simple moving average was providing resistance at 1.5088, while the 50– and 100-hour SMAs was providing support near 1,5921.
Everything being equal, it is likely that the two weeks ascending channel pattern could continue to guild the currency exchange rate higher towards a resistance cluster formed by the weekly and the monthly PPs at 1.5253.
On the other hand, if the resistance level formed by the 200-hour SMA holds, the price could make a brief retracement south towards the lower boundary of the channel.