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CAD and crosses in a technical snapshot - TDS

FXStreet (Barcelona) - Analysts at TD Securities gave us their technical snapshot for the Canadian dollar and crosses with the CAD sucking up the greenbacks recent supply on the market.

Key Quotes:

"USD/CAD traded negatively yesterday and we see limited potential for funds in the short-term from here; weakness below support in the low 1.11 area may see the 1.10 zone retested".

"EUR/CAD battles back against strong bear trend momentum".

"AUD/CAD rebound extends; may target the high 0.99s".

GBP/CAD searches for a stronger sense of direction".

CAD/JPY falls sharply after failing against resistance at 97.70".

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