| Positions | Today | Yesterday | % Change | |
| Longs | 75% | 70% | 6.67% | |
| Shorts | 25% | 30% | -20.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇘ | ⇓ | |
Despite showing some signs of a possibly recovery mid-Friday, sluggish US data pushed the rate down to the weekly S1. Subsequently, the rate remained in a narrow range and fluctuated around the 1.24 mark.
The aforementioned fall provided the second bottom confirmation of a broadening wedge. Thus, the overall trend this week should be to the upside.
Given that there are Bank Holidays in both Canada and the US, the pair is likely to lack volatility in this session. However, the Greenback should accelerate on Tuesday towards the weekly PP and the 55-hour SMA. The upside limit should be set by the 100– and 200-hour SMAs circa 1.2510.