• EUR/AUD remained broadly bid on Monday as the pair was aided by profit-taking on shorts.
• Political turmoil in France last week rattled risk appetite and sent investors fleeing from French assets and the euro which fell against Australian dollar last week .
• Technical signals are trending down as RSI is at 42, daily momentum studies 5, 9 and 10 DMAs are trending down.
•Immediate resistance is located at 1.6259(38.2% fib), any close above will push the pair towards 1.6331(50 % fib)
• Support is seen at 1.6162(23.6%fib ) and break below could take the pair towards 1.6162 (June 14th low).
Recommendation: Good to sell around 1.6250, with stop loss of 1.6350 and target price of 1.6180


FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY edges higher but bulls lack punch
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Pair levels and bias summary 



