| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Neutral | Sell |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Canadian Dollar is losing value against the Japanese Yen in short-term descending channel. Formation of the pattern represents appeasement of market after announcement of the Canadian GDP two weeks ago. By the moment, the channel consists of two reaction highs and two reaction lows and, thus, is ready to be broken. In confirmation of this, during the last two days the currency rate was moving along the pattern's upper trend-line. However, a breakthrough is unlikely to happen, as the northern passage is additionally secured by 55-hour SMA. To put differently, the pair tried to bypass this combined barrier multiple times, but failed. For this reason, the gradual slip towards the bottom support line and the updated weekly S1 at 86.91 is expected to follow in the upcoming one-two days.