Thursday, October 15, 2026

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AUD/USD below 21 & 10-DMAs, bear signs upped ahead of Yellen

Source: Thomson Reuters AUD/USD sub-21 & 10-DMAs, RSIs roll over, bear pennant forming ahead of Yellen Short-term support seen at lows of Feb 17 & 13, if breaks stops likely run, sub-2015 low eyes ~0.7180/40 Pair could t…

By Jay L. Zagorsky
1 min read
AUD/USD below 21 & 10-DMAs, bear signs upped ahead of Yellen
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Source: Thomson Reuters


  • AUD/USD sub-21 & 10-DMAs, RSIs roll over, bear pennant forming ahead of Yellen

  • Short-term support seen at lows of Feb 17 & 13, if breaks stops likely run, sub-2015 low eyes ~0.7180/40 

  • Pair could test lower limit of pennant if Yellen leans hawkish

  • Spreads likely to tighten further, adding weight to pair

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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