• EUR/CAD gained modestly on Thursday as optimism grew that President Trump would secure trade deals with key partners following the announcement of a first agreement with Britain
• The trade agreement between the United States and Britain could serve as a foundational framework or template for other nations aiming to negotiate similar deals with Washington.
• U.S. and Chinese officials will meet for trade talks on Saturday, raising investor hopes for progress in easing tensions between the world’s two largest economies.
• At GMT 15 :53,the euro was up 0.05% at 1.5650 against Canadian dollar .
• Immediate resistance is located at 1.5694(38.2%fib), any close above will push the pair towards 1.5815(April 29th high).
• Support is seen at 1.5624(61.8%fib) and break below could take the pair towards 1.5569(Lower BB).
Recommendation: Good to buy around 1.5630, with stop loss of 1.5550, and target price of 1.5730
