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• USD/CAD slipped lower on Friday as greenback attracted sellers across the board after Trump remarks.
• President Donald Trump's suggestion of a more lenient approach to tariffs against China increased trade policy uncertainty and unnerved markets.
• On the data front,Canadian factory sales rose 0.6% in December from November, mainly driven by gains in the petroleum, coal, and food subsectors, according to a flash estimate from Statistics Canada.
•At GMT 17.23, the pair was trading down 0.37 percent at 1.4331.
• Immediate resistance is located at 1.4408(Jan 23rd high), any close above will push the pair towards 1.4005(236%fib).
• Support is seen at 1.4317 (38.2%fib) and break below could take the pair towards 1.42700(Lower BB).
Recommendation: Good to buy around 1.4320, with stop loss of 1.4250 and target price of 1.4390
