10 Jul 2019
USD/CAD might edge lower today
PositionsTodayYesterdayChange Longs64%69%-8.6% Shorts36%31%15.1% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralBuy Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuySellSell Aggregate⇗⇘⇘ [ANNOUNCE]The US Dollar appreciated about 42 base points against the Canadian Dollar on Tuesday. The weekly R1 provided resistance for the currency pair during yesterday's trading session.[/ANNOUNCE]Most likely, a brief retracement towards a support cluster formed by the combination of the 50-, 100—200-hour SMAs near the 1.3100 area.If the support