| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 44% | 2.22% | |
| Shorts | 55% | 56% | -1.82% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
The US Dollar has been trading in a medium-scale triangle against the Canadian Dollar. The currency pair made a swing during the European trading session on Friday due to the US data released. As a result, the pair lost 87 basis point.
The USD/CAD exchange rate was primarily guided by the 55-hour simple moving average on Friday.
Two scenarios are likely to happen within the next 24 hours. First, the rate could reverse from the lower boundary of the medium-scale triangle for a re-tested of the SMA. Second, continue to decline until it finds support at the weekly pivot point at 1.2704.