Thursday, October 15, 2026

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AUD/CNH dominated by choppy range trading

+65pts on AUD short covering - opened -0.7% Neutral momentum studies - 5, 10 & 20 dma's coil Range trading since mid February can continue Earlier 4.8769 low then NY 4.8631 low initial support Asian 4.8936 high then yest…

By Meredith J C Warren
1 min read
AUD/CNH dominated by choppy range trading
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  • +65pts on AUD short covering - opened -0.7%

  • Neutral momentum studies - 5, 10 & 20 dma's coil

  • Range trading since mid February can continue

  • Earlier 4.8769 low then NY 4.8631 low initial support

  • Asian 4.8936 high then yesterday's 4.9223 high resistance

 

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By FxWirePro Team