Flash: CAD technical – TD Securities

FXstreet.com (London) -

FX Research at TD Securities say’s that USD/CAD is a little softer but well supported in the low 1.03 area. EUR/CAD ignores negative price signals, pushes higher. AUD/CAD consolidates around key medium-term support. GBP/CAD tests 200-day MA. Medium-term CAD/JPY technical signals turn bearish.

USD/CAD trading at session highs at 1.0322/24

The USD/CAD began the road to recovery Friday, following what was a fairly sizable plunge off the 1.0390 region yesterday (Thursday high).
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