• EUR/AUD initial gained on Monday but lost some ground as investor attention turned to the upcoming first round of French parliamentary elections later this week.
• Political uncertainty looms ahead of the French parliamentary elections. Marine Le Pen’s far-right RN party is leading in the polls, which is contributing to a cautious outlook for the euro.
• On the data front,German business morale unexpectedly declined in June, driven by increasingly pessimistic expectations for Europe's largest economy, according to a recent survey.
• Technical are bearish, daily RSI is negative at 37, daily momentum studies 5,8 and 11 DMAs are trending down.
• Immediate resistance is located at 1.6174 (38.2 % fib), any close above will push the pair towards 1.6260 (50 % fib).
• Immediate support is seen at 1.6070(23.6 % fib) and break below could take the pair towards 1.6039(Lower BB).
Recommendation: Good to sell around 1.6130, with stop loss of 1.6230, and target price of 1.6070.


FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Woodies Pivot(Major)
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD extends decline on broad dollar weakness
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro- Major Crypto levels and bias summary
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro- Major Pair levels and bias summary 



