Thursday, October 15, 2026

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FxWirePro: EUR/AUD holds 21-DMA support at 1.5456, weakness only on break below

EUR/AUD remains capped below major trendline resistance (currently at 1.56). Pair sliding down along trendline resistance, currently holds above 21-DMA support at 1.5456. Breaks below will find next support at 1.5366 (Ma…

By FxWire Pro
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FxWirePro: EUR/AUD holds 21-DMA support at 1.5456, weakness only on break below
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  • EUR/AUD remains capped below major trendline resistance (currently at 1.56).
     
  • Pair sliding down along trendline resistance, currently holds above 21-DMA support at 1.5456.
     
  • Breaks below will find next support at 1.5366 (May 17th lows) and then 1.5344 (cloud top).
     
  • Techs on weekly charts support upside. Break above 1.56 could see gains till 1.60 levels.
     
  • Trade recommendation: Buy dips around 1.5490, SL: 1.5450, TP: 1.5540/1.5580/1.56
     
  • A decisive break above 1.56 cloud see gains upto 1.60 levels.
     

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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