| Positions | Today | Yesterday | % Change | |
| Longs | 53% | 51% | 3.77% | |
| Shorts | 47% | 49% | -4.26% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Sell | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
After breaching the upper boundary of the senior channel on Tuesday, the USD/CAD made a rebound against the given line and the 55-hour SMA circa 1.2660.
The market sentiment shifted significantly mid-Wednesday. The Loonie fell 129 pips against the US Dollar in the wake of Bank of Canada's decision to keep its key interest rate target on hold.
As a result of this surge, the junior ascending channel was likewise breached. The rate's subsequent movement showed lack of volatility to leave a narrow trading range near the 1.2820 mark.
Technical indicators suggest that the US Dollar might remain near its mid-Thursday level, thus being located between the monthly and weekly R2s.