USD/CAD tests 1.3602

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs36%42%-16.9%
Shorts64%58%9.6%
Indicator4H1D1W
MACD(12;26;9)BuySellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)SellNeutralNeutral
Alligator(13;8;5)NeutralSellNeutral
SAR(0.02;0.2)BuySellSell
Aggregate

The US Dollar surged by 82 points or 0.60% against the Canadian Dollar on Tuesday. The currency pair tested the weekly pivot point, as predicted during yesterday's trading session. 

All things being equal, the USD/CAD exchange rate could slide lower within the following trading session. The potential target for bearish traders will be at the monthly pivot point at 1.3563.

Although, a possible upside reversal could occur from the 1..3580 within Wednesday's trading session.

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