Thursday, October 15, 2026

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FxWirePro:EUR/AUD drops below 1.7500, approaches 23.6% fibonacci

• EUR/NZD dipped on Wednesday as uncertainty around the U.S. election outcome weighed on the pair. • EUR/NZD hit daily low at 1.7433 , before bouncing slightly. Support at 1.7404 (23.6% fib) is now threatened. • Technica…

By FxWirePro Team
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FxWirePro:EUR/AUD drops below 1.7500, approaches 23.6% fibonacci
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• EUR/NZD dipped on Wednesday as uncertainty around the U.S. election outcome weighed on the pair.

• EUR/NZD hit daily low at 1.7433 , before bouncing slightly. Support at 1.7404 (23.6% fib)  is now threatened.

• Technical signals  favours  bearish sentiment, RSI is at 41 and pair trades below 5,9  & 11-DMAs.

• Resistance is located at 1.7574 ( 5 DMA) and at 1.7626 (11DMA).

• Support is found at 1.7433 (Daily low) and at 1.7404 (23.6% fib).

Recommendation: Good to sell   around 1.7500, with stop loss of 1.7622 and target price of 1.7400

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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