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Longaudusd

AUD/USD ! November 13 ! Support H4 buy now AUDUSD trend forecast November 13, 2024 The Australian Dollar (AUD) continues to weaken against the US Dollar (USD) for the fourth day in a row on Wednesday, pressured by disappointing Australia Wage Price Index data and optimism around "Trump trades." Despite this, Reserve Bank of Australia (RBA) Governor Michele Bullock’s hawkish stance following last week’s interest rate hold, with a focus on restrictive policy due to persistent inflation and a strong job market, likely helped limit further losses for the AUD. Price analysis: Support H4 -very solid USD - DXY: correction soon /// BUY AUDUSD : zone 0.65300 - 0.65000 SL: 0.64500 TP: 50 - 150 - 300 pips (0.68000) Safe and profitable trading
Long
by Moon-ForexAcademy
1
AUDUSD - Another bearish leg expected as price is reaching .7330This is Aussie/Dollar Daily chart and as we can see, this market is in long term down trend and price has pulled back towards the trend zone which is also a broken old support near 0.7330 and now we can expect that market will turn and resume in trend direction once again. We have good confluence factors here aligning such as trend, trend level 0.7330 and dynamic resistance layer all centering at on point. we are not waiting for bearish price action sell short signal to enter with the trend. let's see how market price action develops. safe trading everyone!
Short
by HashamARehman