USD/CAD targets at 1.3202

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs57%55%2.7%
Shorts43%45%-3.5%
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralBuy
Alligator(13;8;5)BuySellSell
SAR(0.02;0.2)BuyBuySell
Aggregate

The US Dollar traded flat against the Canadian Dollar on Tuesday. The USD/CAD currency pair was trading below the weekly R2 at 1.3156 during yesterday's trading session.

Everything being equal, it is likely that the exchange rate will continue its upward movement today. Bullish traders could aim for a resistance level formed by the weekly R3 at 1.3202 today.

However, the weekly R2 at 1.3156 could provide resistance for the currency exchange rate during the following trading session.

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