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CAD and crosses in a technical snapshot - TDS

FXStreet (Guatemala) - Analysts at TD Securities gave a snapshot technical view on the Canadian dollar ad crosses.

Key Quotes:

USD/CAD price signals turn bearish on the daily chart but we do not think losses can or will extend significantly from here”.

EUR/CAD tests resistance around 1.42”.

AUD/CAD picks up more support around intraday lows”.

GBP/CAD is still struggling for a stronger sense of direction”.

CAD/JPY tests support around 104”.

AUD/JPY down heavily amongst tightening of risk

AUD/JPY is trading at 99.22, down -0.80% on the day, having posted a daily high at 100.23 and low at 98.56.
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