| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 71% | 5.3% |
| Shorts | 25% | 29% | -15.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
[ANNOUNCE]The US Dollar edged higher by 90 points or 0.69% against the Canadian Dollar on Tuesday. The currency pair tested the 100– hour simple moving average at 1.3079 during yesterday's trading session.[/ANNOUNCE]
The exchange rate could continue to slide higher during the following trading session. The potential target for bullish traders would be at the upper boundary of a descending channel pattern.
However, the 100– hour SMA could provide resistance for the USD/CAD currency exchange rate within this session.