Friday, October 16, 2026

Technicals

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AUD/USD not far from recent lows

AUD/USD slightly higher on Obama/White House USD issue but still lingering near recent lows Pair could see a new bear leg if it slips below 0.7530 Eyes resistance near 0.74670/80 as US yields a bit soft & USD staying lim…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD slightly higher on Obama/White House USD issue but still lingering near recent lows

  • Pair could see a new bear leg if it slips below 0.7530 

  • Eyes resistance near 0.74670/80 as US yields a bit soft & USD staying limp

  • China May CPI & Oz Apr home loan data tonight, might impact pair

  • Market likely more focused on Stevens speech Wed & Oz May jobs on Thurs

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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