• USD/CAD rebounded on Friday as Canadian dollar weakened after Canada's GDP growth stalled in November.
• Canada's economic growth stalled in November as an expansion in services was offset by weakness in goods-producing industries, data showed on Friday, as Canada's economy slows down after almost a year of tariffs and trade uncertainty.
• Gross domestic product was flat month-on-month in November, after a 0.3% contraction in October, Statistics Canada said.
•U.S. crude rose 0.17% to $65.53 a barrel and Brent rose to $70.74 per barrel, up 0.04% on the day,
• Meanwhile,Trump named former Fed Governor Warsh to succeed Jerome Powell when his term ends in May, giving a frequent Fed critic a chance to put his idea of monetary policy "regime change" into practice..
• Immediate resistance is located at 1.3602(38.2%fib), any close above will push the pair towards 1.3702(50%fib).
• Support is seen at 1.3482(23.6%fib) and break below could take the pair towards 1.3450(Lower BB).
Recommendation: Good to sell around 1.3600, with stop loss of 1.3720 and target price of 1.3520
