Mon, 19 Oct 2026 09:48:07 GMT
AUD/CNY Technical Analysis
AUD/CNY chart displays a prevailing medium-term downtrend defined by a descending channel, with price currently trading around 4.6631. While price remains below the downward-sloping 20-period SMA (4.6689), confirming short-term bearish pressure the pair recently printed a lower shadow wick that pierced and rebounded from the channel's lower support boundary near 4.60 4.62, signaling buyer absorption at multi-month lows. MACD is