Thursday, October 15, 2026

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FxWirePro: AUD/USD edges lower from session high, 20-DMA caps upside

AUD/USD reversed a knee-jerk spike post-RBA minutes, now trades around 0.7543 levels. RBA meeting minutes reiterated that a stronger AUD level could complicate economic rebalancing, no new surprises seen. The major holds…

By FxWirePro Team
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FxWirePro: AUD/USD edges lower from session high, 20-DMA caps upside
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  • AUD/USD reversed a knee-jerk spike post-RBA minutes, now trades around 0.7543 levels.
     
  • RBA meeting minutes reiterated that a stronger AUD level could complicate economic rebalancing, no new surprises seen.
     
  • The major holds gains above 23.6% Fib (0.7760 to 0.7442 fall) at 0.7517 and a decisive break above 20-DMA at 0.7559 could see more upside .
     
  • Major support levels - 0.75, 0.7477 (100-DMA), 0.7455 (trendline), 0.7401 (200-DMA)
     
  • Major resistance levels - 0.7559 (20-DMA), 0.7563 (38.2% Fib), 0.7573 (Sept 19 high)
     
  • Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-finds-strong-support-at-100-DMA-good-to-go-long-on-dips-306093) is progressing.
     
  • Target price 1 achieved. We recommend holding for targets.
     

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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