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CAD and crosses in a technical snapshot - TDS

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

Key Quotes:

"USD/CAD capped at 1.28 again, needs to recover quickly or the risk of further slippage will grow."

"EUR/CAD sell-off stalls around 1.3450 long-term support; rebounds should be shallow and short-lived from here."

"AUD/CAD pops back to test 0.98 again."

"There's a lot going on in GBP/CAD today – none of it its good for the GBP."

"CAD/JPY steadies but technical risks are geared towards a test of the 94 area."

EUR/USD hovers above 1.0600

EUR/USD entered a consolidation phase above 1.0600 during the last hours following a steep recovery from fresh 12-year low of 1.0499 scored at the beginning of the European session.
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EUR/JPY: Constructive to the downside - CB

Karen Jones, chief analyst at FXStreet noted the technical conditions surrounding the EUR/JPY.
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