| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 53% | 52% | 1.3% |
| Shorts | 47% | 48% | -1.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The US Dollar depreciated about 41 base points against the Canadian Dollar on Tuesday. The currency pair was trading near the upper boundary of a downtrend line during the morning hours of Wednesday's trading session.
Given that the exchange rate is located near the border of the trendline, a breakout could occur within this session.
However, technical indicators demonstrate that the currency exchange rate could continue its downward movement today.
If this breakout occurs, a surge towards the 1.3190 area might be expected during the following trading session.