Friday, October 16, 2026

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AUD/USD bears in the market, pair eyes 0.7550 support

AUD/USD holds 0.7640/45 resistance, rally faders miss a fleeting chance to sell Flag base break underpins bear view, RSIs oversold but support bear momentum Yield spreads narrow again, back to trend wides as US yields bo…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD holds 0.7640/45 resistance, rally faders miss a fleeting chance to sell

  • Flag base break underpins bear view, RSIs oversold but support bear momentum

  • Yield spreads narrow again, back to trend wides as US yields bounce

  • Pair eyes 0.7550 support, likely only a speed bump within long-term slide

  • Long-Term bears eye 0.7180/0.7240 (76.4 Fib of 0.4475-1.1081, May '09 low)

  • 0.6850 area good support beyond 

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Major Pair Currency Score: AUDUSD Bearish

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By FxWirePro Team