Thursday, October 15, 2026

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AUD/USD finally clears 76.4 Fib of 0.7939-0.7534

Source: Thomson Reuters AUD/USD finally breaks key resistance, USD slide & persistent commodity bid aids Pair clears 76.4 Fib of 0.7939-0.7534 & runs stops above 0.7850 March high in play, day highs at 0.7884 & 0.7905 of…

By Jay L. Zagorsky
1 min read
AUD/USD finally clears 76.4 Fib of 0.7939-0.7534
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Source: Thomson Reuters

  • AUD/USD finally breaks key resistance, USD slide & persistent commodity bid aids 

  • Pair clears 76.4 Fib of 0.7939-0.7534 & runs stops above 0.7850

  • March high in play, day highs at 0.7884 & 0.7905 offers resistance before 0.7939

  • New trend high hit (0.7870) with very little pullback as yield spreads widen

  • Monthly close >0.7939 a bullish engulfing candle, would be more bull fodder 

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