| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 59% | 3.28% | |
| Shorts | 39% | 41% | -5.13% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇗ | ⇒ | |
The US Dollar remained under bears influence on Tuesday. The downside risks started yesterday after the currency pair pierced a resistance cluster set by the combination of the weekly and the monthly PPs near 1.2902.
During this period of bearish pressure, the exchange rate breached all significant support level. Namely, the 55-, 100-, and the 200– hour SMAs and the monthly pivot point. Also, a breakout occurred through the lower boundary of an ascending pattern.
Technical indicators suggest that the USD/CAD currency exchange rate is likely to decline further south until it encounters a support at the 1.2771.
In the meantime, a corrective move north could be expected within this trading day.