CAD and key crosses in technical snapshot - TDS

FXStreet (Guatemala) - Analysts at TD Securities offered the Canadian dollar and key crosses in a technical snapshot.

Key Quotes:

"USD/CAD may struggle to push through 1.26 near-term; more important resistance stands at 1.2695."

"EUR/CAD remains range bound."

"AUD/CAD gains though 0.98 may prompt a retest of par."

"GBP/CAD's move to new cycle highs keeps the broader bull trend intact."

"CAD/JPY's ended last week on a soft note, suggesting major failure against retracement resistance."

Feb 23, 2015

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