Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

EUR/AUD takes support near trend line, jump till 1.5850 is possible

EUR/AUD has taken trend line support around 1.5666 (trend line joining 1.5832 and 1.5741) and nay break below confirms short term weakness, a decline till 1.5600/1.5580 cannot be ruled out. On the higher side minor resis…

By Lis Howell
1 min read
EUR/AUD takes support near trend line, jump till 1.5850 is possible
Image from the original EconoTimes article

Read the original article

  • EUR/AUD has taken trend line support around 1.5666 (trend line joining 1.5832 and 1.5741) and nay break below confirms short term weakness, a decline till 1.5600/1.5580 cannot be ruled out.

  • On the higher side minor resistance is around 1.5750 and break above will take the pair to next target 1.5795/1.5840.

 It is good to buy around 1.5700-705 with SL around 1.5660 for the TP of 1.5790/1.5845

 

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