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CAD and crosses technical snapshot - TDS

FXStreet (Guatemala) - Analysts at TD Securities gave us a technical snap shot of the Canadian dollar and crosses.

Key Quotes:

USD/CAD's break to new highs suggests the broader uptrend is resuming but the ride up maybe bumpy”.

“EUR/CAD rallies through strong resistance in the low 1.44 area, suggest the trend lower is moderating and perhaps turning”.

“AUD/CAD rally extends and may test 1.01/1.02 in the next few weeks”.

“GBP/CAD remains choppy in a range”.

“CAD/JPY” risks a full retracement back to the August low”.

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