Canadian dollar in a technical snapshot - TDS

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

Key Quotes:

"USD/CAD steadies below 1.20 but may retain a choppy, sideways bias for now."

"EUR/CAD remains well-supported, should extend strongly above 1.3760/65."

"AUD/CAD moves up, drops back; we would prefer more evidence of sustained gains."

"GBP/CAD's technical set up is bullish – look for more gains to 1.92 near-term, 2.00/2.02 in the medium term."

"CAD/JPY stalls above 100 for now."

"NZD/CAD reverses from retracement support but scope for sustained gains is limited."