| Positions | Today | Yesterday | % Change | |
| Longs | 68% | 55% | 19.12% | |
| Shorts | 32% | 45% | -40.63% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇓ | ⇓ | ⇓ | |
The previously described situation on Tuesday, January 30 did not come into reality. The strong support level was passed, and the USD/CAD keeps moving south.
By the end of the European trading session on Wednesday the pair had formed a new low, moving past the previous weekly S2 at the 1.227 mark.
Due to this reason, in the short-term future, the US dollar is likely to remain bearish until it reaches the weekly S3 at 1.223. Meanwhile, the Canadian GDP release caused only a 30 pip move instead of the expected range from 50 to 110.