Friday, October 16, 2026

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AUD/USD bounces to resistance at 0.7809

Pair met headwind at 0.7809 after consolidating from 0.7791 (Asia low) Subsequent low after across-the-board buying of USD at 0.7776 0.7809 was Thursday's NY afternoon low. 0.7835 was Asia high 4% fall in iron ore future…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair met headwind at 0.7809 after consolidating from 0.7791 (Asia low)

  • Subsequent low after across-the-board buying of USD at 0.7776

  • 0.7809 was Thursday's NY afternoon low. 0.7835 was Asia high

  • 4% fall in iron ore futures hurts AUD

  • 0.7764/67 range includes Monday's low, 10DMA & 50% of 0.7591-0.7939

 

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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