Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: AUD/USD recovery from session lows capped at 20-DMA, break above could see further upside

AUD/USD recovered from a dip to session lows of 0.7589 hit earlier in the Asian session. Positive sentiment around the Asian stocks and higher copper prices lending support to the Aussie. Upside however seen capped by 20…

By FxWirePro Team
1 min read
FxWirePro: AUD/USD recovery from session lows capped at 20-DMA, break above could see further upside
Image from the original EconoTimes article

Read the original article

  • AUD/USD recovered from a dip to session lows of 0.7589 hit earlier in the Asian session.
     
  • Positive sentiment around the Asian stocks and higher copper prices lending support to the Aussie.
     
  • Upside however seen capped by 20-DMA at 0.7621, break above could see further gains.
     
  • Major support levels - 0.7600 (50-DMA), 0.7560 (100-DMA), 0.7530 (trendline)
     
  • Major resistance levels - 0.7621 (20-DMA), 0.7635 (5-DMA), 0.7690 (Oct 18 high)
     
  • Focus remains on the US dataflow and Australia Q3 inflation data for clues on further direction.
     
  • Techs support downside, we see scope for test of trendline at 0.7530. Violation there could see test of 0.75 levels.
     

Related articles

View all
Technicals

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