| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 39% | 7.14% | |
| Shorts | 58% | 61% | -5.17% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇓ | ⇗ | ⇘ | |
Following the massive plunge in the wake of combined data release from the US and Canada at 1230GMT on Friday, the US Dollar made a slight recovery up to the 1.2780 mark.
This upward movement, however, was not long, as the pair entered a short-term consolidation period between the above level and the monthly PP at 1.2748.
It is likely that the pair continues to remain flat and gradually approaches the upper channel line circa 1.2780. It seems that a further fall in the drawn channel is no longer sustainable; thus, an upside breakout might occur either in this session or early on Tuesday.
The Greenback should not fall below the monthly PP. However, the upside target is yet unclear. The pair could halt near the psychological 1.28 level or try to test the 200– and 100-hour SMAs circa 1.2830.