• EUR/AUD declined on Tuesday as euro was weighed down amid European political uncertainty.
• French President Emmanuel Macron’s unprecedented decision to dissolve parliament and call for a snap election has spooked political stability, suggesting a severe political crisis and introducing uncertainty in both France and the wider eurozone.
• The pair hit daily low at 1.6239 and was last trading at 1.6255 at (GMT 20:20).
• Technical signals are bearish as RSI is at 41, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.6300 (38.2% fib), any close above will push the pair towards 1.6359 (50% fib)
• Strong support is seen at 1.6239 (23.6% fib ) and break below could take the pair towards 1.6209(Lower BB).
Recommendation: Good to sell around 1.6260, with stop loss of 1.6360 and target price of 1.6200


FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro: USD/CAD retreats slightly but trend is still bullish
Crypto Bias Report: Trend Signals and Top Bullish Picks
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro- Major Crypto levels and bias summary 



