Thursday, October 15, 2026

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AUD/CNH sees pressured pivotal resistance

Cross opened +0.43% on weakness of CNH into Chinese New Year - extended 0.5% in Asia CNH continues selling & AUD bought as RBA disappointed doves Cross's rebound leaves 5, 10 & 20 dma's conflicting - positive momentum st…

By Meredith J C Warren
1 min read
AUD/CNH sees pressured pivotal resistance
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  • Cross opened +0.43% on weakness of CNH into Chinese New Year - extended 0.5% in Asia

  • CNH continues selling & AUD bought as RBA disappointed doves

  • Cross's rebound leaves 5, 10 & 20 dma's conflicting - positive momentum studies

  • 4.8933 20 dma pressured - close above would end Jan/Feb downtrend

  • Earlier 4.8540 low & 4.9151, 38.2% of Jan/Feb fall initial support/resistance

 

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EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team