Thursday, October 15, 2026

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AUD/USD moving higher as 20-day MA gives way

AUD/USD has moved above the 20-day MA for first time since Jan 21 AUD benefits from carry trade demand/upbeat risk appetite 0.7830 is the high so far - just above yesterday's 0.7829 high Minor resistance and sellers tipp…

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

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  • AUD/USD has moved above the 20-day MA for first time since Jan 21

  • AUD benefits from carry trade demand/upbeat risk appetite

  • 0.7830 is the high so far - just above yesterday's 0.7829 high

  • Minor resistance and sellers tipped ahead of 0.7850

  • Key resistance at 0.7875/86 where trend high & 38.2 of 0.8296/0.7627 meet 

 

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By FxWirePro Team