Friday, October 16, 2026

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AUD/USD slips, now threatens 0.7640 support

10-DMA caps AUD/USD again overnight, pair slips to threaten 0.7640 support Daily RSI rolls over to add a bearish tint, pair may slip further sub-0.7640 High beta currencies take brunt of USD bid, weak commodities weigh a…

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

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  • 10-DMA caps AUD/USD again overnight, pair slips to threaten 0.7640 support

  • Daily RSI rolls over to add a bearish tint, pair may slip further sub-0.7640 

  • High beta currencies take brunt of USD bid, weak commodities weigh as well

  • AUD/USD next support at ~0.7615/20 & 0.7570/75, bigger support into 0.7550

  • Market still short so bears need a catalyst for further downside

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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