Thursday, October 15, 2026

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Aussie erased previous gain despite positive CPI numbers

AUD/USD supported just above $0.7000 mark, made intraday high at $0.7041 levels. Aussie erased previous gain and currently trading at $0.7010 levels. The CPI rose 0.4% over the October-December period, easing from the 0.…

By Earlence Fernandes
1 min read
Aussie erased previous gain despite positive CPI numbers
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AUD/USD supported just above $0.7000 mark, made intraday high at $0.7041 levels.

  • Aussie erased previous gain and currently trading at $0.7010 levels. 
     
  • The CPI rose 0.4% over the October-December period, easing from the 0.5% in the September quarter but higher than forecasts of 0.3%.
     
  • Overall trend remains bearish below $0.7048 levels.
     
  • Initial resistance levels are seen at $0.7049, $0.7086 and $0.7171 levels.
     
  • Break of $0.7000 mark brings the parity towards $0.68 levels.
     
  • Initial support levels are seen at $0.6925, $0.6876 and $0.6827 levels.

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