Thursday, October 15, 2026

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AUD/USD bears on edge as key 0.7850 resistance nears

Source: Thomson Reuters AUD/USD continues to recover from the Stevens-inspired slide from earlier this week Bears frustrated as key 0.7850 resistance nears, break opens up March high Bears need 0.7724/34 tech support bre…

By Jay L. Zagorsky
1 min read
AUD/USD bears on edge as key 0.7850 resistance nears
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Source: Thomson Reuters


  • AUD/USD continues to recover from the Stevens-inspired slide from earlier this week

  • Bears frustrated as key 0.7850 resistance nears, break opens up March high

  • Bears need 0.7724/34 tech support break; 10&55 DMAs, TrendLine & cloud base sit there

  • Need key 0.7675/80 break for full control, if done 2015 low in play

  • Upward biased RSIs, wider spreads, iron-ore & copper lifts aid pair's lift

  • RBA in focus next week, markets see ~50% chance of cut 

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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