• EUR/NZD held near recent lows on Friday as political uncertainty in Europe weighed on Euro.
• Traders anxiety rose after France's left-wing coalition proposed undoing Macron's economic reforms, setting up a potential conflict with the EU over fiscal policy.
• At GMT 17:54, the pair was trading up 0.12 percent at 1.7430 after reaching daily low at 1.7395.
• Technical lean bearish, RSI is lower at 32, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.7471( Daily high), any close above will push the pair towards 1.7512( 38.2% fib)
• Support is seen at 1.7390(23.6%fib) and break below could take the pair towards 1.7300 (Psychological level).
Recommendation: Good to sell around 1.7430, with stop loss of 1.7560 and target price of 1.7300


Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: USD/ZAR retreats slightly but bias is bullish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/AUD under pressure as pound continues to weaken
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Crypto levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 



