Thursday, October 15, 2026

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FxWirePro: AUD/USD downside capped by 5-DMA, gains till 0.7330 likely

Overnight rebound in crude supported commodity currencies such as the Australian dollar on Wednesday. AUD/USD slipped to 0.7271 after rising to 0.7303 overnight, its highest since Dec. 10. Techs show scope for further ga…

By Jay L. Zagorsky
1 min read
FxWirePro: AUD/USD downside capped by 5-DMA, gains till 0.7330 likely
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  • Overnight rebound in crude supported  commodity currencies such as the Australian dollar on Wednesday. 

  • AUD/USD slipped to 0.7271 after rising to 0.7303 overnight, its highest since Dec. 10.

  • Techs show scope for further gains. RSI is at 56, points north with further room to run, 5&10-DMA have shown a bullish crossover.

  • Downside in the pair was capped by 5-DMA at 0.7267, which is strong support on the downside.

  • On the flipside resistance is seen at 0.7303 (Dec 29 high and day's high till now), breaks above can see the pair at 0.7330.

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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