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CAD and crosses in a technical snapshot - TDS

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

Key Quotes:

USD/CAD consolidates, moderate downside bias persists in the short-term; look for support in the low 1.12s”.

EUR/CAD can't get back above 1.42 or break below 1.40 but the downside looks more vulnerable overall”.

AUD/CAD trade remains choppy but price action/patterns favour weakness ahead”.

GBP/CAD eases, reluctantly”.

CAD/JPY reaches a little above 103 and turns lower; monitor for signs of short-term topping”.

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