Thursday, October 15, 2026

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FxWirePro: AUD/NZD slips below 200-DMA, good to sell rallies

AUD/NZD edges lower after being rejected at trendline resistance by 1.0970, currently trades at 1.0850. The pair slipped and closed below 200-DMA (currently at 1.0905) in Monday's trade raising scope for further downside…

By Jay L. Zagorsky
1 min read
FxWirePro: AUD/NZD slips below 200-DMA, good to sell rallies
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  • AUD/NZD edges lower after being rejected at trendline resistance by 1.0970, currently trades at 1.0850.
     
  • The pair slipped and closed below 200-DMA (currently at 1.0905) in Monday's trade raising scope for further downside.
     
  • 200-DMA at 1.0905 now flips to resistance, bearish invalidation on breaks above.
     
  • Supports on downside lie at 1.0824 (10-DMA), 1.0792 (cloud-top), 1.0752 (Jan 26 lows).
     
  • Daily Techs are biased lower, Stochs show a bearish crossover from overbought levels, while RSI also points south.
     

Recommendation: Good to sell rallies around 1.0850/60, SL: 1.0910, TP: 1.0790/50

 

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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