EUR/USD Bearish Rebound: Selling the Rallies Near Trendline Resistance 
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• USD/CAD edged higiher on Monday as weak Canadian employment data and stronger dollar weighed on Canadian dollar.
.•Canada’s labour market weakened for a second consecutive month in September, with employment falling by 68.3K against expectations for a 7K increase. The Unemployment Rate rose to 6.5% from 6.4%.
• The greenback strengthened amid rising tensions in the Middle East, with markets looking ahead to crucial U.S. inflation figures scheduled for release later this week.
• Investors now await Wednesday’s September US CPI report, followed by Thursday’s PPI data for further clues on inflationary pressures.
• Immediate resistance is located at 1.4319(23.6%fib), any close above will push the pair towards 1.4366(Higher BB.).
• Support is seen at 1.4207 (38.2%fib) and break below could take the pair towards 1.4167 (SMA20).
Recommendation: Good to buy around 1.4270 with stop loss of 1.4200 and target price of 1.4360
