• USD/CAD rose higher on Thursday as news of a trade deal between the United States and Britain boosted greenback .
• U.S. President Donald Trump announced a "breakthrough" trade deal with Britain during a Thursday Oval Office press conference, noting that some details were still being finalized..
• Investors await U.S.-China talks in Switzerland this weekend, seen as a possible first step toward easing the trade war between the world’s two largest economies.
.• Investors have welcomed signs of trade talks from the Trump administration over the past month, frustration grew this week over the lack of concrete details.
• Immediate resistance is located at 1.3931 (38.2%fib), any close above will push the pair towards 1.4000(Psychological level).
• Support is seen at 1.3832(SMA 9) and break below could take the pair towards 1.3762(23.6%fib).
Recommendation: Good to buy around 1.3900, with stop loss of 1.3820 and target price of 1.4000
