Thursday, October 15, 2026

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FxWirePro: AUD/USD hits fresh 2-week low, bias lower, stay short

AUD/USD clocks fresh 2-week low at 0.7561, intraday bias lower. Dec Fed rate hike bets spiked to above 60% this week after upbeat US manufacturing and services PMI data, supporting USD. Decline in initial jobless claims …

By FxWirePro Team
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FxWirePro: AUD/USD hits fresh 2-week low, bias lower, stay short
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  • AUD/USD clocks fresh 2-week low at 0.7561, intraday bias lower.
     
  • Dec Fed rate hike bets spiked to above 60% this week after upbeat US manufacturing and services PMI data, supporting USD.
     
  • Decline in initial jobless claims has increased optimism into today NFP employment numbers. 
     
  • Major support levels - 0.7536 (double bottom), 0.7518 (100-DMA), 0.7488 (trendline) 
     
  • Major resistance levels - 0.7591 (20-DMA), 0.7606 (50-DMA) , 0.7614 (5-DMA), 0.7645 (Oct 5 high)
     
  • ​Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-breaches-20-DMA-support-bias-lower-good-to-sell-rallies-335732) is progressing.
     
  • We recommend holding for targets. Bearish invalidation only above 50-DMA at 0.7607
     

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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