| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 38% | 22.45% | |
| Shorts | 51% | 62% | -21.57% | |
| 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) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇗ | ⇒ | |
The US Dollar managed to pass the recently discovered dominant patterns resistance line against the Canadian currency. However, by the middle of Friday the surge had been stopped by the resistance of a junior large scale pattern just above the 1.2920 mark. Moreover, the resistance had managed to stop two surges.
Regarding the near term future, the rate is most likely going to make more attempts to pass the resistance of the mentioned long term pattern. Although, as it has held its ground for so long, the rate would need additional support to pass the line.
The support might come in the form of the 55-hour simple moving average, which was located at the 1.2880 mark.