AUDUSD Price: Buyers Defend $0.64 Line
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AUDUSD Price: Buyers Defend $0.64 Line

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Azeez Mustapha

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Buyers are exerting pressure

AUDUSD Price Analysis – 12 November

If purchasers are prepared to pay more than the $0.65 hedge, the price may rise to about $0.66 or possibly $0.67. If sellers can push the market below the $0.64 support position, prices could drop to the $0.63 and $0.62 support levels.

Key levels:

Resistance levels: $0.65, $0.66, $0.67

Support levels: $0.64, $0.63, $0.62

AUDUSD Long-term Trend: Bullish

The value of the AUDUSD inclining gradually after tested the $0.67 barrier and then bouncing off. On September 12, when the currency brace began to decline, a Head and Shoulder chart pattern emerged. The price dropped to $0.65 because to the bears’ perspiration. By the time transactions began to fail, the price had already fallen from the initial estimate to $0.64 as bears defended the previously established level. The AUDUSD price hits the cutoff at $0.64. The $0.63 hedge has been updated. The price tested the $0.64 support level this week. The current situation supports the bulls’ prediction of a rapid rise towards $0.65.

AUDUSD Price: Buyers Defend <img fetchpriority=.64 Line" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/11/Daily-34.png"/>

A buy forex signal is indicated when the blue QQE MOD indicator’s histogram flips above zero. If purchasers are prepared to pay more than the $0.65 hedge, the price may rise to about $0.66 or possibly $0.67. If sellers can push the market below the $0.64 support position, prices could drop to the $0.63 and $0.62 support levels. When the currency brace clears the Hull Suite forex signals index lower, the request is deemed bearish.

AUDUSD medium-term Trend: Bullish

The Australian bone’s 4-hour chart shows an inclining trend. The $0.67 hedging position controlled the movement of the currency brace for over two days. The prices were between $0.67 and $0.66. This week, as the price started to rise above the dynamic hedge position, more bullish candles burnt. On the chart, the 4-hour candle that closed above $0.65 the previous week looked unstable. However, if the previous movement limitation is removed, the increase may continue.

AUDUSD Price: Buyers Defend <img decoding=.64 Line" width="1281" height="571" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/11/4-hours-27.png"/> I think the AUDUSD request might keep inclining. The QQE MOD and the blue histogram both show a distinct upward trend and are above zero.

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