Friday, October 16, 2026

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FxWirePro: Aussie trades flat against major peers ahead of RBA's cash rate decision

AUD/NZD is currently trading around 1.0749 marks. Pair made intraday high at 1.0769 and low at 1.0746 marks. Intraday bias remains neutral till the time pair holds key resistance at 1.0804 marks. A sustained close above …

By FxWirePro Team
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FxWirePro: Aussie trades flat against major peers ahead of RBA's cash rate decision
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  • AUD/NZD is currently trading around 1.0749 marks.
     
  • Pair made intraday high at 1.0769 and low at 1.0746 marks.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 1.0804 marks.
     
  • A sustained close above 1.0751 will drag the parity higher towards key resistances around 1.0804, 1.0882 and 1.0951 levels respectively.
     
  • Alternatively, a daily close below 1.0751 will take the parity down towards key supports around 1.0670/1.0560/1.0518/1.0407/1.0339 marks respectively.
     
  • Australia’s S&P/ASX200 was trading around 0.10 pct higher at 6,693.40 points.
     
  • Australia’s AIG services index Oct stands at 54.2 vs 51.5 previous release.

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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