| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 62% | -58.97% | |
| Shorts | 61% | 38% | 37.70% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇘ | |
The 1.2910/1.2815 trading range that had confined the rate since October 27 once again proved to be a strong barrier on Thursday.
Even though the Greenback was testing the latter for several hours, it lacked the necessary momentum to move past this line and the 200-hour SMA.
This push was provided by the combined data release from both the US and Canada. Even though the latter reported worse results, the mixed performance of the former resulted in a massive 93 pip fall down to 1.1.2735 within 30 minutes after the release.
It is likely that the rate edges even lower during the following hours; however, this plunge should be followed by a recovery.
The scope of this move is yet unknown. In case of a strong momentum, the rate could return back to the 1.28 area.