| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 47% | 46% | 2.6% |
| Shorts | 53% | 54% | -2.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
The US Dollar was trading in a falling wedge pattern against the Canadian Dollar on Thursday. The currency pair breached the lower boundary of the pattern at 1.3087 during the Asian session on Friday.
A breakout through the bottom border the falling wedge pattern could occur within this session.
If this breakout occurs, the exchange rate might end this week's trading sessions on a losing note.
However, the pair could reverse from the current price level at 1.3087 and aim for the 50-hour SMA at 1.3122 today.