Friday, October 16, 2026

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AUD/NZD focuses on tonight's dairy auction

-25pts in Asia after dovish RBA - extended Mon's 50pt fall Momentum studies crest, 5, 10 & 20 dma's conflict - neutral setup 1.0280/1.0530 range has dominated for more than a month A strong dairy auction could be the cha…

By Meredith J C Warren
1 min read
AUD/NZD focuses on tonight's dairy auction
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  • -25pts in Asia after dovish RBA - extended Mon's 50pt fall

  • Momentum studies crest, 5, 10 & 20 dma's conflict - neutral setup

  • 1.0280/1.0530 range has dominated for more than a month

  • A strong dairy auction could be the channel for a downside break

 

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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