| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 43% | -16.22% | |
| Shorts | 63% | 57% | 9.52% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇗ | |
The failure of the US Dollar to gain strength on Monday had an impact on the USD/CAD exchange rate. The morning session did not introduce significant changes to the overall price level. However, a strong move to the downside occurred after the pair hit the weekly PP at 1.2821.
The currency pair remains bearish during the European trading session on Tuesday, and it seem that bears might target a two-month low level at 1.2451. In case this level is breached, the current decline is expected to continue. This move is unlikely today, as the pair was consolidating after the decline.
Everything being equal, the currency exchange rate is likely to continue to decline within this day.