| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 73% | 73% | 0.7% |
| Shorts | 27% | 27% | -2.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The US Dollar declined by 47 points or 0.35% against the Canadian Dollar on Thursday. The decline was stopped by a support level at the 1.3120 during yesterday's trading session.
Currently, the exchange rate is trading near the upper line of a descending channel pattern and could be set for a breakout.
If the breakout occurs, bullish traders are likely to target the 1.3200 level within this session.
However, if the channel pattern holds, a decline towards the monthly support level at 1.3100 could be expected within this session.