FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
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FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
• EUR/NZD declined sharply on Thursday as euro continued its downward march amid uncertainty over French elections.
• The fast-moving political developments came after Macron's shock decision to call a snap parliamentary election in a few weeks.
• Data revealed that euro zone industrial production declined by 0.1% in April, contrary to analysts' predictions of a 0.2% increase.
• Technical lean bearish, RSI is lower at 33, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.7512(38.2% fib), any close above will push the pair towards 1.7602( 50% fib)
• Support is seen at 1.7395(23.6%fib) and break below could take the pair towards 1.7300 (Psychological level).
Recommendation: Good to sell around 1.7400, with stop loss of 1.7500 and target price of 1.7340
