| Positions | Today | Yesterday | % Change | |
| Longs | 41% | 45% | -9.76% | |
| Shorts | 59% | 55% | 6.78% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
The US Dollar edged higher by about 72 base points against the Canadian Dollar on Friday. The currency pair tested the upper boundary of a triangle pattern at 1.3260 during the end of the previous trading session.
The exchange rate was trading near the bottom border of the triangle-like formation pattern at 1.3188 during the morning hours of Monday's session and could be set for a breakout.
If this breakout occurs, the USD/CAD currency exchange rate will aim at a support level formed by the weekly S1 at 1.3152 today.
Furthermore, technical indicators suggest that the breakout might not be immediate.