Thursday, October 15, 2026

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AUD/USD recent recovery offers selling opportunities

Pullback continued overnight and the 0.7700 long stop was hit in Asia Close below 55 DMA/kijun-sen added bearish pressures Recovering off 0.7683 lows, upticks provide better selling opportunities Keep target/stops relati…

By Earlence Fernandes
1 min read
AUD/USD recent recovery offers selling opportunities
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  • Pullback continued overnight and the 0.7700 long stop was hit in Asia

  • Close below 55 DMA/kijun-sen added bearish pressures

  • Recovering off 0.7683 lows, upticks provide better selling opportunities

  • Keep target/stops relatively tight as choppy conditions might persist

 

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By FxWirePro Team