Friday, October 16, 2026

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Soft ore & firm greenback weigh on AUD/USD, eyes 0.7632/33 support

Source: Thomson Reuters Weak iron-ore & broad based USD strenght weigh on AUD/USD, help pair break 0.7650 AUD/USD eyes 0.7632/33 support, April 8 low & 10-DMA sit there April 9 doji sees downside follow through today, ho…

By Jay L. Zagorsky
1 min read
Soft ore & firm greenback weigh on AUD/USD, eyes 0.7632/33 support
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Source: Thomson Reuters


  • Weak iron-ore & broad based USD strenght weigh on AUD/USD, help pair break 0.7650

  • AUD/USD eyes 0.7632/33 support, April 8 low & 10-DMA sit there

  • April 9 doji sees downside follow through today, holds above 21-DMA limited

  • If pair breaks below little support until 0.7570/80 (series of recent daily lows)

  • Day RSI gives bears the edge; Yield speads don't reflect pair's slide

  • Short-term bear pressure eases if pair above 0.7740/60 

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