• USD/CAD declined sharply on Friday as upbeat Canadian retail sales data and weaker dollar boosted loonie.
• The dollar fell after President Trump threatened 50% tariffs on EU imports starting June 1 and hinted at a 25% tariff on Apple iPhones made outside the U.S.
• Canadian retail sales rose 0.8% in March, beating forecasts, and are estimated to have grown 0.5% in April, according to Statistics Canada.
•Bank of Canada Governor Tiff Macklem said Q2 growth is expected to be "quite a bit weaker" than Q1, with potential for further slowdown if tariff uncertainty persists.
• Currency swap markets still price a 32% chance of a 25 bps rate cut in June, unchanged after the data release.
• Immediate resistance is located at 1.3817(38.2%fib), any close above will push the pair towards 1.3867(Daily high).
• Support is seen at 1.3701(Lower BB) and break below could take the pair towards 1.3648(23.6%fib).
Recommendation: Good to sell around 1.3760 with stop loss of 1.3860 and target price of 1.3650


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro- Woodies Pivot (Major)
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro: USD/CAD neutral in the near term, scope for further upside
FxWirePro- Major Pair levels and bias summary
JPY Major Currency Score
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: NZD/USD edges lower, remains on back foot
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 



