Thursday, October 15, 2026

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FxWirePro: AUD/USD rejected at 0.7135 (day's high), slips to 0.7075

The Australian dollar popped higher on Monday, having proved resilient to another set of disappointing China data over the weekend The dollar broadly weak on Monday with investors sticking to the sidelines as the countdo…

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

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  • The Australian dollar popped higher on Monday, having proved resilient to another set of disappointing China data over the weekend

  • The dollar broadly weak on Monday with investors sticking to the sidelines as the countdown to FOMC begins 

  • AUD/USD rose to a two-week peak of 0.7135, from 0.7080 late on Friday, pulling well away from a 6-1/2-year touched last week

  • But resistance was found at 0.7165 (50% retracement of 0.6892-0.7440), and the pair pared gains to slip to session lows at 0.7075

  • Markets now awaiting to see  RBA minutes ahead of the FOMC showdown this week and long await Fed decision on interest rates

  • Immediate resistance for the pair is seen at 0.7100 (psychological level)ahead of 0.7135 (session highs Sept 14

  • Supports on the downside are seen at 0.7056 (4h cloud base) and then at 0.7021 (daily Tenkan-Sen)

 

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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