Friday, October 16, 2026

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NZD/USD dragging AUD lower

NZD traded in thin 0.7568/0.7608 range in Asia Weaker AUD due to continuing iron ore purge extended some intraday direction AUD/NZD continued its post Monday pivot around 1.0300, directionless Support seen at overnight l…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD traded in thin 0.7568/0.7608 range in Asia

  • Weaker AUD due to continuing iron ore purge extended some intraday direction

  • AUD/NZD continued its post Monday pivot around 1.0300, directionless

  • Support seen at overnight low of 0.7557 close, resistance at sliding 100-DMA at 0.7628

 

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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