| Positions | Today | Yesterday | Change |
| Longs | 34% | 34% | 0.0% |
| Shorts | 66% | 66% | 0.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The US Dollar depreciated about 100 base points against the Canadian Dollar on Friday. The currency pair was pressured down by the 200-hour simple moving average during the previous session.
Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern at 1.3132 and could be set for a breakout.
If this breakout occurs, it is likely that bearish traders could aim for a support level at 1.3063 today.
Though, if the ascending channel pattern holds, the currency exchange rate will target both the 50– and 100-hour SMAs at 1.3196 within this session.