Thursday, October 15, 2026

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FxWirePro: AUD/USD extends gains, hits session highs at 0.7288

AUD/USD grinds higher to extend past 0.7275, post FOMC minutes induced spike The pair hit session highs at 0.7288, underlying momentum is bullish, but strong resistance looms in the 0.7280/0.7300 region A close above 0.7…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD grinds higher to extend past 0.7275, post FOMC minutes induced spike

  • The pair hit session highs at 0.7288, underlying momentum is bullish, but strong resistance looms in the 0.7280/0.7300 region

  • A close above 0.7275 for the Aussie this week could open the door for a test of the 0.7350 level

  • Bulls are in charge, RSIs remain biased up with no divergence, but remain at oversold which requires some caution

  • Markets shall be keeping a close eye on employment data due on Thursday next week for further cues on the economy

Resistance Levels:

R1: 0.7310 (Aug 24 high)

R2: 0.7359 (Aug 21 high)

R3: 0.7375 (could base)

Support Levels:

S1: 0.7247 (Session low)

S2: 0.7200 (55 EMA)

S3: 0.7178  (cloud top) 

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By FxWirePro Team