Canadian dollar in a technical snapshot - TDS

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

Key Quotes:

"USD/CAD's intraday bounce stalls at 1.25; medium-term technical backdrops remains negative – look to fade USD gains and for losses to extend below major support at 1.2360."

"EUR/CAD rise capped, may turn lower again."

"AUD/CAD rally fades, trend still positive – just."

"GBP/CAD retains a weak bias – we look for a 1.83 test still."

"CAD/JPY stuck in a sideways range trade."