Friday, October 16, 2026

Technicals

Add as a preferred source on Google

AUD/USD slides below the 21 DMA, shorts favored

Pair moves under the 21 DMA (0.7738) favoring the short trade Tight ranges seen as prices strengthen the volatility from the last few days A break below 0.7550 would confirm bearish trend, resuming l-t bear trend Traded …

By Ian Preston
1 min read
AUD/USD slides below the 21 DMA, shorts favored
Image from the original EconoTimes article

Read the original article

  • Pair moves under the 21 DMA (0.7738) favoring the short trade

  • Tight ranges seen as prices strengthen the volatility from the last few days

  • A break below 0.7550 would confirm bearish trend, resuming l-t bear trend

  • Traded in 0.7644/0.7695 range today

 

Related articles

View all
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