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CAD and crosses technical snap shot – TDS

FXStreet (Barcelona) - Analysts at TD Securities explained the conditions surrounding the Canadian dollar and crosses in a technical snapshot.

Key Quotes:

USD/CAD hemmed into 1.12/1.13 range still”.

EUR/CAD slips back into old bear channel, tests moving average support”.

AUD/CAD struggles to improve as daily price signals turn negative around key resistance”.

GBP/CAD slips, tests support and looks heavy – but still lacks momentum”.

CAD/JPY nears strong resistance at 96.25/35”.

AUD/USD making lower highs below key 0.88 handle

AUD/USD is trading at 0.8773, down -0.05% on the day, having posted a daily high at 0.8809 and low at 0.8749.
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An extraordinary day for CAD - TD Securities

Shaun Osbourne, Chief FX Strategist at TD Securities explained that Yesterday was an extraordinary day for the Canadian dollar.
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