Friday, October 16, 2026

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AUD/USD early bounce falters, 10-DMA pierced

Source: Thomson Reuters AUD/USD early bounce falters at hourly resistance ~0.7810, slide begins as USD recovers Pairs clears 10-DMA & March 23 low, ignores UST yield slip EUR/AUD break >1.3960 & rise ~1.4015 & commodity …

By Jay L. Zagorsky
1 min read
AUD/USD early bounce falters, 10-DMA pierced
Image from the original EconoTimes article

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Source: Thomson Reuters


  • AUD/USD early bounce falters at hourly resistance ~0.7810, slide begins as USD recovers

  • Pairs clears 10-DMA & March 23 low, ignores UST yield slip 

  • EUR/AUD break >1.3960 & rise ~1.4015 & commodity slip weigh AUD down

  • Supports next seen at hourly lows ~ 0.7760 & 21-DMA (0.7743) 

  • Beyond that not much support until 0.7680/00

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