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CAD Technical Outlook – TDS

FXStreet (Guatemala) - Analysts at TD Securities gave us a snap shot of the CAD and crosses on a technical basis.

Key Quotes:

"USD/CAD pressures support in the low 1.09 area, may retest mid 1.08 but broader trend remains constructive".

"EUR/CAD trades heavily after break out above 1.4650 fails".

"AUD/CAD falls sharply intraday, may weaken more in m/t".

"GBP/CAD is back in the range".

"CAD/JPY picks up more support after yesterday's reversal; look for resistance around 94".

NZD/USD approaches 0.8500

The NZD/USD continues to recover from 8-week lows and recently printed a fresh daily high at 0.8492, hitting the highest price since tuesday.
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USD/CAD dented on selling strong pressure

USD/CAD is trading at 1.0926, up 0.09% on the day, having posted a daily high at 1.0940 and low at 1.0901.
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