Thursday, October 15, 2026

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FxWirePro: AUD/CAD holds above 200-DMA at 0.98, weakness only on break below

AUD/CAD finds major support by 200-DMA currently at 0.98. Price action is hovering above 20-DMA and we see weakness only on break below. Major support levels - 0.9816 (38.2% Fib), 0.98 (200-DMA), 0.9761 (Aug 19 low) Majo…

By FxWirePro Team
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FxWirePro: AUD/CAD holds above 200-DMA at 0.98, weakness only on break below
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  • AUD/CAD finds major support by 200-DMA currently at 0.98.
     
  • Price action is hovering above 20-DMA and we see weakness only on break below.
     
  • Major support levels - 0.9816 (38.2% Fib), 0.98 (200-DMA), 0.9761 (Aug 19 low)
     
  • Major resistance levels - 0.9843 (20-DMA), 0.9871 (50-DMA), 0.99, 0.9916 (July 28 high)
     

Recommendation: We prefer to wait for clear directional bias. 
 

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By FxWirePro Team