AUDUSD Wave Analysis, 21 October 2026

AUDUSD reverses from support to target 0.7050.

Oct 21, 2026

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AUDUSD Wave Analysis, 21 October 2026

AUDUSD reverses from support to target 0.7050.

In brief

AUDUSD reverses from support to target 0.7050. AUDUSD reversed from support levels 0.6915-0.6865 and is expected to rise to resistance 0.7050. Originally reported by TradingView.

AUDUSD Reversal

AUDUSD reversed from support area between 0.6915 and 0.6865.

Resistance Target

AUDUSD expected to rise to resistance level 0.7050.

Trend Analysis

Trend Analysis

Breakout of down trendline completed ABC correction from mid-September.

The bottom line

AUDUSD reversed from support levels 0.6915-0.6865 and is expected to rise to resistance 0.7050.

Read the original on TradingView

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