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Canadian dollar and crosses technically placed - TDS

FXStreet (Guatemala) - Analysts at TD Securities gave us a snapshot at the Canadian dollar and its crosses.

Key Quotes:

“Negative, short-term price signals multiply in USD/CAD; this morning's corrective undertone may extend”.

EUR/CAD remains range-bound but the 1.44 cap is solid; look to fade rallies”.

AUD/CAD's strong rejection of the mid/upper 0.99s again this week suggests more pressure on the downside of the recent range”.

GBP/CAD remains rather aimless between 1.78/1.82”.

CAD/JPY's rally slows but corrective potential is very limited and the broader trend is positive”.

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