| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 75% | 70% | 6.1% |
| Shorts | 25% | 30% | -18.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The US Dollar fell by 58 pips or 0.45% against the Canadian Dollar on Monday. The currency pair tested the lower line of a descending channel pattern at 1.2610 on Tuesday morning.
Given that the exchange rate has bounced off the bottom border of the descending channel, a surge towards an order block near the 1.2674 could be expected within this session.
However, a resistance line at 1.2639 could provide resistance for the currency exchange rate in the shorter term.