Thursday, October 15, 2026

Technicals

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FxWirePro: AUD/USD hits 10-days low, bias back to downside

AUD/USD declined sharply on Wenesday as Australian dollar was weighed down less than expected inflation reading. The antipodean currency declined sharply, despite the broad dollar sell off across the board. Further upsid…

By Keith Miller
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • AUD/USD declined sharply on Wenesday as Australian dollar was weighed down less than expected inflation reading.
     
  • The antipodean currency declined sharply, despite the broad dollar sell off across the board.
     
  • Further upside is expected to be limited as pair has broken strong support at 0.7650 and is inching downwards.
     
  • To the upside, the strong resistance can be seen at 0.7650, a break above this level would take the pair towards next resistance level at 0.7715.
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  • To the downside immediate support can be seen at 0.7596, a break below this level will open the door towards next level at 0.7555.

    Resistance Levels

    R1: 0.7627 (50% Retracement level)  

    R2: 0.7650 (61.8% Retracement level)

    R3: 0.7715 (April 13th high)

    Support Levels

    S1: 0.7596 (38.2% Retracement level)

    S2: 0.7555 (23.6% Retracement level)

    S3: 0.7500 (Psychological levels)

 

 

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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