| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 26% | 8.9% |
| Shorts | 71% | 74% | -3.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
[ANNOUNCE]The US Dollar declined by 160 pips or 1.13% against the Canadian Dollar on Thursday. The currency pair tested the monthly pivot point at 1.4013 during Thursday's trading session. [/ANNOUNCE]
The exchange rate bounced off the monthly PP on Friday morning. Most likely, the USD/CAD pair will continue to edge higher within this session. The possible target for bulls would be at the 1.4200.
However, a resistance level formed by the weekly R1 at 1.4161 could still provide resistance for the currency exchange rate during the following trading session.