| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 38% | 9.52% | |
| Shorts | 58% | 62% | -6.90% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
Despite a brief attempt to appreciate against the Canadian Dollar on Tuesday, the Buck continued to be driven by downside risks.
After reaching the 23.60% Fibonacci retracement level, the currency exchange rate made a U-turn north. However, the 55-hour simple moving average was restricting the pair to make any further movement upwards. This retracement can be measured by connecting the low at 1.2455 and the high at 1.2995.
If the aforementioned resistance holds, USD/CAD could be set to breach both the 100– hour SMA and the lower boundary of the junior pattern.