•USD/CAD edged higher on Tuesday as investors awaited the U.S. Federal Reserve's outlook on interest rate and economic growth amid the trade war.
• Traders expect the Fed to hold rates steady on Wednesday, with focus shifting to policymakers' comments on trade war risks to global growth.
• Canada's annual inflation rate unexpectedly rose to 2.6% in February, exceeding forecasts as the end of a sales tax break mid-month added to broader price increases, data showed on Tuesday.
•At GMT 16:17, the pair was trading up 0.12 percent at 1.4305
• Immediate resistance is located at 1.4319(Daily high), any close above will push the pair towards 1.4371(50%fib).
• Support is seen at 1.4270(38.2%fib) and break below could take the pair towards 1.4191(Lower BB).
Recommendation: Good to sell around 1.4320 with stop loss of 1.4400 and target price of 1.4250
