FXStreet (Barcelona) – FX Strategists at TD Securities give the technical outlook for USD/CAD and crosses.
Key Quotes
“USDCAD’s slide extends below 1.2373 support and targets a drop to the upper 1.21 area now.”
“EURCAD has been choppy around the 200-day MA but resistance holds – just.”
“AUDCAD at risk of a test of 0.94 range base.“
“GBPCAD slips but broader trend remains positive.”
“CADJPY’s stumble against 101 resistance does not go that far.”
“NZDCAD consolidates but bigger picture technicals remains very negative.”
(Market News Provided by FXstreet)