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FxWirePro: EUR/CAD bulls reclaim momentum in bid for 1.5600 level

• EUR/CAD traded higher Wednesday as markets positioned themselves ahead of President Trump's "Liberation Day" tariff announcement. .• Investors globally awaited the announcement of sweeping new U.S. tariffs that could e…

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FxWirePro: EUR/CAD bulls reclaim momentum in bid for 1.5600 level
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• EUR/CAD traded higher Wednesday   as markets positioned themselves ahead of President Trump's "Liberation Day" tariff announcement.

.• Investors globally awaited the announcement of sweeping new U.S. tariffs that could escalate a trade war.

.• U.S. President Donald Trump has kept investors uncertain about the tariff details, with plans still being finalized ahead of a White House Rose Garden announcement at 4 p.m. ET (2000 GMT).

 •At GMT 18:51, the pair was trading up 0.70 percent  at 1.5544

•  Immediate resistance is located at 1.5572(38.2%fib), any close above will push the pair towards 1.5806(23.6%fib).

• Support is seen at 1.5359(50%fib) and break below could take the pair towards 1.5290(Lower BB).

Recommendation: Good to buy around 1.5520  with stop loss of 1.5450 and target price of 1.5600

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