| Positions | Today | Yesterday | % Change | |
| Longs | 57% | 49% | 14.04% | |
| Shorts | 43% | 51% | -18.60% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Buy | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇘ | ⇑ | |
Bulls guided the USD/CAD currency pair higher on Tuesday. The Greenback managed to reverse its one-week decline mid-session and eventually gain 112 base point or 0.87% against the Canadian Dollar. However, this surge was temporarily stopped by the weekly pivot point at 1.3070.
It seems like bulls could continue its advances as the 55-,100-, and 200-hour simple moving average are presently located below the price. Moreover, the pair is located near the 61.80% Fibonacci retracement level.
Traders should look for opportunities to trade if the 61.80% Fibonacci resistance level holds, or if the currency exchange rate breached the aforementioned Fibonacci retracement level within this session.