Thursday, October 15, 2026

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AUD/CNH trends lower

Cross off 0.35% - last week's 4.7433 trend low looks weak 5, 10 & 20 dma's move south with cresting momentum studies Negative setup - bias lower while closes below 4.8210 10 dma Initial support/resistance are Thursday's …

By Meredith J C Warren
1 min read
AUD/CNH trends lower
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  • Cross off 0.35% - last week's 4.7433 trend low looks weak

  • 5, 10 & 20 dma's move south with cresting momentum studies

  • Negative setup - bias lower while closes below 4.8210 10 dma

  • Initial support/resistance are Thursday's 4.7522 low & earlier 4.7929 high

 

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By FxWirePro Team