| Positions | Today | Yesterday | % Change | |
| Longs | 27% | 28% | -3.70% | |
| Shorts | 73% | 72% | 1.37% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Sell | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The Greenback traded sideways movement against the Canadian Dollar on Tuesday. The USD/CAD currency pair was moving within the upper and the lower boundary of a horizontal channel.
The exchange rate was trading near the bottom border of the horizontal channel at 1.3248 during the middle of Wednesday's trading session and could be set for a breakout.
Technical indicators demonstrate that there could be a downside breakout within this session.
However, a support level formed by the lower boundary of a medium-term ascending channel at 1.3240 could provide support for the pair.