| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 36% | 5.26% | |
| Shorts | 62% | 64% | -3.23% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Neutral | Neutral | |
| RSI (14) | Sell | Sell | Neutral | |
| Stochastic (5; 3; 3) | Buy | Buy | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
The USD/CAD pair introduced no significant changes to its overall price range on Monday, as it remained trading with low volatility.
Meanwhile, the Greenback has reached the lower boundary of a junior pattern and could be set for a breakout. If and when this breakout occurs, the decline might encounter a support set by the 55-hour simple moving average.
According to technical indicators, some upside potential still exists. furthermore, the currency pair should continue it bullish movement in line with the prevailing channels. In the meantime, traders should look for opportunities to trade if the aforementioned support holds.