| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 71% | 2.5% |
| Shorts | 27% | 29% | -6.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇘ |
Downside risks dominated the US Dollar against the Canadian Dollar on Friday. As a result, a breakout occurred through the lower boundary of an ascending channel pattern.
Given that a breakout had occurred, the currency pair could continue to edge lower during the following trading session. The potential target for bearish traders would be near the 1.2700 level.
However, a support line at 12740 could provide a barrier for the currency exchange rate within this session.