• EUR/NZD little changed on Thursday as investors awaited the second round of the French vote.
• Sunday's second round will determine whether Marine Le Pen's far-right National Rally (RN) secures a parliamentary majority for the first time and forms the next government in France.
• RN scored historic gains to win the first round, but are set to fall short of an absolute majority in Sunday's run-off, an opinion poll showed on Thursday.
• The pair is holding near today's high, but repeated failures to push above 1.1900 is discouraging longs.
• Immediate resistance is located at 1.7727( 38.2% fib), any close above will push the pair towards 1.7827( 23.6% fib)
• Support is seen at 1.7643(50%fib) and break below could take the pair towards 1.7556 (61.8%fib)
Recommendation: Good to sell around 1.7680, with stop loss of 1.7780 and target price of 1.7600
