• EUR/NZD declined on Friday as pair was weighed down on French election uncertainty.
• The prospect either of an RN-led government or the political paralysis of a hung parliament has unnerved financial markets.
• The scope is growing for a break under the 23.6% fib support, which in turn will unmask 1.7500 level in the short term .
• Technical signals show the pair could lose more ground as RSI has turned lower 48, and 5, 9 DMA’s are trending south.
• Immediate resistance is located at 1.7630 (38.2%fib), any close above will push the pair towards 1.7714(50%fib).
• Immediate support is seen at 1.7532 (23.6% fib) and break below could take the pair towards 1.7478(June 26th low).
Recommendation: Good to sell round 1.7570, with stop loss of 1.7690 and target price of 1.7500


FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro- Major Pair levels and bias summary
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 



