AUD/USD ! November 13 ! Support H4 buy now

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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

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تم فتح الصفقة

AUDUSD price is in the BUY entry zone - let's wait for the price reaction here