• USD/CAD traded in tight range on Tuesday as investor sentiment remains cautious following U.S. President Donald Trump's recent attacks on Federal Reserve Chair Jerome Powell.
•Trump escalated his criticism of Fed Chair Jerome Powell on Monday, calling him a major loser in a social media post, sparking concerns over presidential pressure on the central bank..
• Investor confidence has been rattled by Trump’s unpredictable policies and shifting tariff announcements, raising fears of major disruptions to global trade.
•At GMT 14:33, the pair was trading up 0. 03 percent at 1. 3845
• Immediate resistance is located at 1.3915 (38.2%fib), any close above will push the pair towards 1.4000(Psychological level).
• Support is seen at 1.3777(23.6%fib) and break below could take the pair towards 1.3705(Lower BB).
Recommendation: Good to sell around 1.3850, with stop loss of 1.3900 and target price of 1.3750
