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17 Oct 2014
CAD and crosses technical snap-shot - TDS
FXStreet (Barcelona) - Analysts at TD Securities offer a snap-shot of crosses from a technical view.
Key Quotes:
“USD/CAD supported in the low 1.12s but drop back under the March high takes the edge off this week's rally”.
“EUR/CAD drops back under 1.4400/20 support”.
AUD/CAD retains a weaker bias in the short-term but early week gains suggest a low is in still”.
“GBP/CAD trades a little firmer but sideways range bias is intact”.
“CAD/JPY bounces hard from retest of the August low”.
Key Quotes:
“USD/CAD supported in the low 1.12s but drop back under the March high takes the edge off this week's rally”.
“EUR/CAD drops back under 1.4400/20 support”.
AUD/CAD retains a weaker bias in the short-term but early week gains suggest a low is in still”.
“GBP/CAD trades a little firmer but sideways range bias is intact”.
“CAD/JPY bounces hard from retest of the August low”.