• EUR/AUD slipped lower on Tuesday as political turmoil in Paris pressured euro after Bayrou’s defeat in confidence vote.
• France’s parliament toppled the government on Monday over plans to curb rising national debt, intensifying a political crisis in the euro zone’s second-largest economy.
• Market participants are adopting a wait-and-see approach, as France’s political stability is viewed as a key factor for the Eurozone’s fiscal trust and economic direction.
• Technicals are favouring bearish sentiment as RSI is at 39 and the pair is trading below 5,10 & 11-DMAs.
• Immediate resistance is located at 1.7857 (Daily high ), any close above will push the pair towards 1.7927(SMA 20).
• Strong support is seen at 1.7770 (38.2% fib) and break below could take the pair towards 1.7705(Lower BB).
Recommendation: Good to sell on dips around 1.7800, with stop loss of 1.7900 and target price of 1.7720


FxWirePro- Major US Indices
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
FxWirePro- Major European Indices
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: USD/CAD downside pressure builds, key support level in focus 



