Thursday, October 15, 2026

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AUD/CNH halted around Fibo resistance

+0.22% in Asia - AUD led on extended USD weakness, as FOMC disappointed hawks 5, 10 & 20 dma's conflict - positive momentum studies - neutral setup Close above 4.9150 would target 50% of 2015 slide at 4.9587 Initial supp…

By Meredith J C Warren
1 min read
AUD/CNH halted around Fibo resistance
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  • +0.22% in Asia - AUD led on extended USD weakness, as FOMC disappointed hawks

  • 5, 10 & 20 dma's conflict - positive momentum studies - neutral setup

  • Close above 4.9150 would target 50% of 2015 slide at 4.9587

  • Initial support/resistance is Asian 4.8956/4.9196 range

 

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By FxWirePro Team