Thursday, October 15, 2026

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FxWirePro: AUD/NZD trade idea

AUD/NZD rejected at 1H 100-SMA. We see shooting star formation at highs on hourly charts. Technicals have turned bearish on hourlies. Scope for test of 1H 20-SMA at 1.0363. Break below could see test of major trendline s…

By FxWirePro Team
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FxWirePro: AUD/NZD trade idea
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  • AUD/NZD rejected at 1H 100-SMA.
     
  • We see shooting star formation at highs on hourly charts.
     
  • Technicals have turned bearish on hourlies.
     
  • Scope for test of 1H 20-SMA at 1.0363.
     
  • Break below could see test of major trendline support at 1.0355 and 1.0330
    ​

Recommendation: Short rallies around 1.0390/1.04, SL: 1.4025, TP: 1.0363/ 1.0355/ 1.0330
 

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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