| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 59% | 57% | 4.1% |
| Shorts | 41% | 43% | -5.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The US Dollar has declined by 90 pips or 0.71% against the Canadian Dollar since yesterday's trading session. The currency pair breached a support level at 1.2520 on Thursday morning.
Currently, the exchange rate is trading near the lower boundary of a descending channel pattern and could be set for ab breakout.
If the breakout occurs, a decline towards the 1.2440 level could be expected within this session.
However, if the channel pattern holds, buyers could come into play during the following trading hours.