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1 Aug 2014
Cad crosses unveiled in a snap shot– TDS
FXStreet (Guatemala) - Analysts at TD Securities explained the technical conditions on the crosses of the Canadian Dollar in a snap-shot.
Key Quotes:
"USD/CAD looks capped in the mid 1.09s for now but we think longer-term technical signals are bullish and expect limited, corrective weakness for funds from here".
"EUR/CAD tests break out resistance at 1.4650; target 1.4850 on a sustained push higher".
"AUD/CAD's rally stalls and may turn lower below 1.0130. GBPCAD remains range bound".
"CAD/JPY continues to rest on support around 94".
Key Quotes:
"USD/CAD looks capped in the mid 1.09s for now but we think longer-term technical signals are bullish and expect limited, corrective weakness for funds from here".
"EUR/CAD tests break out resistance at 1.4650; target 1.4850 on a sustained push higher".
"AUD/CAD's rally stalls and may turn lower below 1.0130. GBPCAD remains range bound".
"CAD/JPY continues to rest on support around 94".