| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 26% | 30% | -12.1% |
| Shorts | 74% | 70% | 4.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The US Dollar has surged by 27 basis points or 0.21% in value against the Canadian Dollar since Monday's trading session. The currency pair breached the upper boundary of a junior descending channel pattern on Tuesday morning.
Most likely, given that the exchange rate has breached the junior descending channel pattern, a surge towards a resistance cluster formed by the weekly pivot point and the 200– hour simple moving average at 1.3273 could be expected today.
A pullback could occur from the resistance cluster, as mentioned above, during the following trading session.