| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 74% | 0.4% |
| Shorts | 26% | 26% | -1.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Sell | Neutral | Buy |
| Stochastic(5;3;3) | Sell | Sell | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
Upside risks dominated the US Dollar against the Canadian Dollar on Tuesday. The USD/CAD currency pair surged by 172 pips or 1.32% during yesterday's trading session.
All things being equal, the exchange rate could continue to surge in an ascending channel pattern. A breakout through the upper line of the channel pattern could occur within this session.
However, the currency exchange rate could make a brief retracement towards the weekly support level at 1.3150 during the following trading session.