• EUR/AUD declined on Wednesday as uncertainty surrounding second round of the French vote and stronger Australian dollar contributed currency pair's movement lower.
• France's National Rally (RN) has seen an increase in efforts from other parties to block them from gaining power. To avoid splitting the anti-RN vote, more candidates are agreeing to withdraw from the upcoming run-off election.
• EUR/AUD currency pair is facing increased downside pressure, with a critical support level coming into focus.
• Technical signals are bearish as RSI is at 39, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.6140 (Daily high), any close above will push the pair towards 1.6177 (38.2% fib)
• Stong support is seen at 1.6073 (23.6% fib) and break below could take the pair towards 1.6000(Psychological level).
Recommendation: Good to sell on rally around 1.6100, with stop loss of 1.6180 and target price of 1.6030


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: USD/ZAR sell bias remains below key resistance zone
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 



