Intraday Analysis 23.09.2026

USD drives higher as the Australian dollar took another step towards this month’s low with a test at the 0.7100 level.

The Australian dollar took another step towards this month’s low with a test at the 0.7100 level.

• On the chart, the greenback could be gearing up for another rally as USD drives higher.
• 0.7090 is the current support as the buy side will need to clear 0.7140 to ease any signs of a pullback.
• Otherwise, the pair could be vulnerable to a move towards 0.7050.

Like its neighbour, the New Zealand dollar also hit a fresh low as USD drives higher.

• A drift below the critical support at 0.5710 could continue the downturn.
• As the pair looks for a bounce, 0.5750 is the first target to test buying interest.
• The RSI’s oversold condition has attracted some buying, so 0.5800 should be the top level if a rally begins.

The FTSE eyes another fresh high as price action breaks the previous resistance.

• The move has attracted further buying interest from the start of the breakout rally.
• A close above the first resistance of 10740 prompted short-term sellers to trim their exposures, opening the door to the recovery.
• As the RSI shows a neutral situation, a break at 10860 will be needed to ease any potential sell-off as USD drives higher.
• Otherwise, 10640 will be a critical bottom to prevent a reversal as USD drives higher.

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