FxWirePro: EUR/CAD runs out of steam but maintains bullish outlook

• EUR/CAD eased  on Tuesday as the sentiment remained cautious ahead of the impending U.S. reciprocal tariffs..

• Markets continue to be heavily influenced by U.S. President Donald Trump's remarks regarding upcoming tariffs.

• Investors are bracing for further announcements set for Wednesday, which are expected to create additional volatility in the markets.

•Meanwhile, Fabio Panetta, a member of the ECB's governing council, indicated that the central bank should proceed cautiously with interest rate cuts, reflecting growing hesitancy among policymakers..

 • Additionally, ECB President Christine Lagarde highlighted the negative growth impact of proposed U.S. tariffs and the potential for policy divergence.

•  Immediate resistance is located at 1.5585(38.2%fib), any close above will push the pair towards 1.5673(March 18th high).

• Support is seen at 1.5448(50%fib) and break below could take the pair towards 1.5338(March 27th low).

Recommendation: Good to buy around 1.5430  with stop loss of 1.5330 and target price of 1.5550