Friday, October 16, 2026

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FxWirePro: Aussie falls against major peers as retail sales data misses expectations

AUD/NZD is currently trading around 1.0726 marks. Pair made intraday high at 1.0750 and low at 1.0726 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0753 marks. A sustained clo…

By FxWirePro Team
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FxWirePro: Aussie falls against major peers as retail sales data misses expectations
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  • AUD/NZD is currently trading around 1.0726 marks.
     
  • Pair made intraday high at 1.0750 and low at 1.0726 marks.
     
  • Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0753 marks.
     
  • A sustained close above 1.0753 will drag the parity higher towards key resistances around 1.0804, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0753 will take the parity down towards key supports around 1.0670/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Australia’s retail sales m/m stands at 0.2 pct vs 0.4 pct previous release (expected 0.4).
     
  • Australia’s S&P/ASX200 was trading around 0.38 pct higher at 6,694.30 points.

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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