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CAD and crosses in a technical snapshot – TDS

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

Key Quotes:

USD/CAD retains a soft technical bias in the short-term; potential may extend to a retest of the low 1.12 area”.

EUR/CAD pressures the lower end of the recent trading range; unclear that we get a break lower soon, however”.

AUD/CAD recovers from last Wednesdays sharp drop – gains should peter out soon”.

GBP/CAD tests range base support in the upper 1.78”.

CAD/JPY nears our 103 target; look for modest pullbacks only for now”.

GBP/JPY decline stalling on key 182 handle

GBP/JPY is trading at 182.17, down -0.89% on the day, having posted a daily high at 184.69 and low at 181.97.
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