FxWirePro:EUR/CAD neutral in the near-term, scope for downward resumption

• EUR/CAD was little changed on Tuesday  amid uncertainty over U.S. President Donald Trump's tariff plans for next week that could potentially boost inflation.

.• Trump has stated that not all of his proposed tariffs will take effect on April 2, with some countries potentially receiving exemptions.

.•Trump's tariff policies are widely expected to slow economic growth, escalate trade tensions, and increase inflation.

• On the data front, Canada’s January GDP data and the U.S. Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) index, are scheduled for release later this week.

 •At GMT 17:32, the pair was trading down 0.01 percent  at 1.5461

•  Immediate resistance is located at 1.5574(38.2%fib), any close above will push the pair towards 1.5640(March 20th high).

• Support is seen at 1.5427(50%fib) and break below could take the pair towards 1.5282(61.8%fib).

Recommendation: Good to sell around 1.5470  with stop loss of 1.5550 and target price of 1.5400