| Positions | Today | Yesterday | % Change | |
| Longs | 50% | 59% | -18.00% | |
| Shorts | 50% | 41% | 18.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
In the 24 hours following the Bank of Canada's interest rate hike, the USD/CAD currency exchange rate seems to have resumed following the previously drawn long term patterns.
The currency pair found support just above the weekly S1, which is located at the 1.2364 level. Afterwards, the rate surged through various hourly simple moving averages until it reached the upper trend line of a long term and large scale channel down pattern.
It can be expected that the rate will bounce off this resistance level and resume its long term decline.