Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: AUD/USD capped below 21-DMA, further upside only on break above

AUD/USD edges higher from session lows at 0.7451, but upside finds stiff resistance at 0.7506 (21-DMA). Further upside can be seen only on break above, test of 0.7575 and then 0.76 levels likely. 50-DMA at 0.7407 is stro…

By FxWire Pro
1 min read
FxWirePro: AUD/USD capped below 21-DMA, further upside only on break above
Image from the original EconoTimes article

Read the original article

  • AUD/USD edges higher from session lows at 0.7451, but upside finds stiff resistance at 0.7506 (21-DMA).
     
  • Further upside can be seen only on break above, test of 0.7575 and then 0.76 levels likely.
     
  • 50-DMA at 0.7407 is strong support on the downside, break below could make downside vulnerable.
     
  • Break below 50-DMA could see retest of 0.72 levels.
     
  • Major supports - 0.7442 (July 22 low), 0.7407 (50-DMA), 0.7371 (June 30 low).
     
  • Major resistance - 0.7506 (21-DMA), 0.7517 (July 20 high), 0.7543 (10-DMA).
     
  • Major risk events for the pair this week are Australia CPI, Fed decision, US durable goods.
     
  • Policy divergence after last week’s dovish RBA minutes and a string of upbeat US fundamentals, which increased odds for a Fed rate hike this year a negative for the pair.
     

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