Canadian dollar in a technical snapshot - TDS

FXStreet (Guatemala) - Analysts at TD Securities explained the canadian dollar and crosses in a technical snapshot.

Key Quotes:

"USD/CAD recovers – quite easily – from yesterday's stumble; may extend towards 1.25 area from here.

EUR/CAD still supported around recent lows; while 1.3760/00 holds, prospects are positive.

AUD/CAD is stuck mid-range.

GBP/CAD shrugs off yesterday's dip and recovers to 1.95; we remain conviction bulls.

CAD/JPY remains stable but rally looks tired.

NZD/CAD bounces but we do not expect a significant rally."