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• USD/CAD remained little changed on Tuesday as investors adopted a cautious stance as President Trump reiterated tariff threats.
• U.S. President Donald Trump stated on Monday tariffs on Canadian and Mexican imports remain on time and on schedule .
• The statement was made despite both countries' efforts to enhance border security and curb fentanyl flow into the U.S. before the March 4 deadline.
• Looking ahead, the U.S. Personal Consumption Expenditure index reading on Friday is a key metric to assess the Federal Reserve's interest rate path.
• Immediate resistance is located at 1.4336(38.2%fib), any close above will push the pair towards 1.4380(Feb 10th high).
• Support is seen at 1.4186(50%fib) and break below could take the pair towards 1.4097(Lower BB).
Recommendation: Good to buy around 1.4250, with stop loss of 1.4200 and target price of 1.4310
