• EUR/CAD edged lower on Tuesday as euro was weighed down by political uncertainty in France after Prime Minister Francois Bayrou was ousted in a no-confidence vote.
• France’s parliament ousted the government on Monday over its proposals to control the country’s mounting national debt, plunging the eurozone’s second-largest economy into a deeper political crisis.
• President Emmanuel Macron, facing opposition demands to dissolve parliament and resign, is instead set to search for his fifth prime minister in under two years.
• Looking ahead, investors will shift their attention to an interest rate verdict by the European central bank and the inflation data from the United States.
• Immediate resistance is located at 1.6261 (23.6%fib), any close above will push the pair towards 1.6129(Higher BB).
• Support is seen at 1.6183(Sep 8th low) and break below could take the pair towards 1.6119(38.2%fib).
Recommendation: Good to buy around 1.6180 , with stop loss of 1.6050 and target price of 1.6270


Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro- Major Crypto levels and bias summary
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 



