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• EUR/CAD steadied on Wednesday as markets remained calm in response to Trump's tariff threats.
• Markets seemed unfazed by Trump's promise to impose new levies on the EU and a 10% tariff on Chinese goods starting Feb. 1.
• Europe faces possible tariff threats, particularly on natural gas imports from the U.S., though details remain unclear.
• At GMT 12:25,the euro was up 0.26% at 1.4970 against Canadian dollar ,after hitting daily high at 1.5052.
• Immediate resistance is located at 1.5041(23.6%fib), any close above will push the pair towards 1.5075 (Higher BB).
• Support is seen at 1.4931 (38.2%fib) and break below could take the pair towards 1.4838 (50%fib).
Recommendation: Good to buy around 1.4950 , with stop loss of 1.4870 and target price of 1.5040
