Analysts at TD Securities gave a technical snapshot of the Canadian dollar and crosses.
Key Quotes:
"USD/CAD turns lower intraday, risk of short-term correction remains."
"EUR/CAD rebound keeps the near-term trend neutral."
"AUD/CAD's rejection of resistance around par last week may entail a little more corrective weakness."
"GBP/CAD pushes higher, bullish resolution to long-term consolidation points to 2.00+ in the months ahead."
"CAD/JPY retains a soft bias."
Key Quotes:
"USD/CAD turns lower intraday, risk of short-term correction remains."
"EUR/CAD rebound keeps the near-term trend neutral."
"AUD/CAD's rejection of resistance around par last week may entail a little more corrective weakness."
"GBP/CAD pushes higher, bullish resolution to long-term consolidation points to 2.00+ in the months ahead."
"CAD/JPY retains a soft bias."
