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Canadian dollar and crosses snap-shot - TDS

FXStreet (Barcelona) - Analysts at TD Securities explained the Canadian dollars conditions and that of it’s crosses.

Key Quotes:

USD/CAD remains confined to a range; short-term support is 1.1170/75 while resistance is 1.1250”.

EUR/CAD's turn lower this week leaves the cross looking vulnerable to the downside again after the failure above 1.44”.

AUD/CAD recovers from early weakness but still faces tough resistance in the 0.9950/60 area”.

"GBP/CAD holds support but there's no strong sense of direction here either".

"CAD/JPY rally extends to test resistance at 96.25/35".

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