Thursday, October 15, 2026

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AUD/USD draws back before selling interest near 0.7850

AUD/USD holds back ahead of selling interest around 0.7850 Pair hit 0.7843 short time ago before returning - last at 0.7832 Modest retreat seen in USD post Fed minutes - speculation of June rate hike AUD holds near recor…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD holds back ahead of selling interest around 0.7850

  • Pair hit 0.7843 short time ago before returning - last at 0.7832

  • Modest retreat seen in USD post Fed minutes - speculation of June rate hike

  • AUD holds near record lows against NZD - no sign of rebound

  • Many long term players are long AUD/NZD trying to pick a bottom

  • Might require a shake from their positions before AUD/NZD can rise

 

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Technicals

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