Thursday, October 15, 2026

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FxWirePro: AUD/CAD finds stiff resistance in 0.9495-0.95 area, break above required for further upside

Aussie moving in tandem with the minor rebound seen in commodity prices. Momentum studies are neutral, AUD/CAD trades a narrow range, holds above 21-DMA (currently at 0.9440). Pair finds stiff resistance in the 0.9495-0.…

By FxWire Pro
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FxWirePro: AUD/CAD finds stiff resistance in 0.9495-0.95 area, break above required for further upside
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  • Aussie moving in tandem with the minor rebound seen in commodity prices.
     
  • Momentum studies are neutral, AUD/CAD trades a narrow range, holds above 21-DMA (currently at 0.9440).
     
  • Pair finds stiff resistance in the 0.9495-0.95 area, break above needed for further upside.
     
  • Immediate support is seen at 0.9453 (5-DMA) and then 0.9440 (21-DMA). Break below 0.9440 could then see test of 0.9360 levels.
     
  • Resistance on the upside seen at 0.9496 (23.6% Fib) and then 0.9527 (June 1st highs).
     

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By FxWirePro Team