Friday, October 16, 2026

Technicals

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AUD/NZD close important for next move

Pair seen bullish outside day following a weak Fonterra auction and +15pts in Asia Momentum studies, 5, 10 & 20 dma's base suggests neutral setup Close above 1.0427 would suggest bullish outside day & turn signals up Res…

By Ian Preston
1 min read
AUD/NZD close important for next move
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  • Pair seen bullish outside day following a weak Fonterra auction and +15pts in Asia

  • Momentum studies, 5, 10 & 20 dma's base suggests neutral setup

  • Close above 1.0427 would suggest bullish outside day & turn signals up

  • Resistance seen at Friday's 1.0451 high then 1.0530 range high

  • Support seen at earlier 1.0420 low & yesterday's 1.0327 low

 

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Major Pair Currency Score: AUDUSD Bearish

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