CAD and crosses technical snap shot - TDS

FXStreet (Barcelona) - Analysts at TD Securities explained that the USD/CAD tests 1.12 but liable to bounce in the short-run; longer-term patterns start to look a little more negative. Crosses to follow…

Key Quotes:

“EUR/CAD's stumble around resistance in the low 1.44 area this week is clearer this morning; may retest support in the low 1.42s”.

“AUD/CAD consolidates below resistance in the mid 0.99s”.

“GBP/CAD rally fades against the 200-day MA – no surprise”.

“CAD/JPY's rebound slows”.