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USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop 
• USD/CAD declined sharply on Friday as upbeat Canadian retail sales data and weaker dollar boosted loonie.
• The dollar fell after President Trump threatened 50% tariffs on EU imports starting June 1 and hinted at a 25% tariff on Apple iPhones made outside the U.S.
• Canadian retail sales rose 0.8% in March, beating forecasts, and are estimated to have grown 0.5% in April, according to Statistics Canada.
•Bank of Canada Governor Tiff Macklem said Q2 growth is expected to be "quite a bit weaker" than Q1, with potential for further slowdown if tariff uncertainty persists.
• Currency swap markets still price a 32% chance of a 25 bps rate cut in June, unchanged after the data release.
• Immediate resistance is located at 1.3817(38.2%fib), any close above will push the pair towards 1.3867(Daily high).
• Support is seen at 1.3701(Lower BB) and break below could take the pair towards 1.3648(23.6%fib).
Recommendation: Good to sell around 1.3760 with stop loss of 1.3860 and target price of 1.3650
