| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 39% | 41% | -3.4% |
| Shorts | 61% | 59% | 2.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]The weekly support level at 1.3276 has propelled the US Dollar by 0.70% increase in value against the Canadian Dollar on Wednesday. The surge was stopped by a resistance cluster formed by the three simple moving averages at 1.3350.[/ANNOUNCE]
Most likely, the upside momentum could continue during the following trading session. The potential targets for bullish traders will be at the upper boundary of a descending channel pattern at 1.3400.
On the other hand, the USD/CAD currency exchange rate might reverse from the current price level at 1.3360 and aim for a re-tests of the weekly S1 at 1.3276.