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Trader Journals:::2026-05-13T03:32:56

AUD/USD

AUD/USD, Wednesday May 13, 2026

AUD/USD

The major currency pair AUDUSD yesterday appeared to be swinging up and down within a narrow range, or simply sideways. Looking at the H4 timeframe this afternoon, the candle seems to be swinging at the price level of 0.72472, moving away from the dynamic support lines of the blue EMA21 and purple EMA50 which are close to each other and far above the dynamic support line of the orange EMA200. Meanwhile, the CCI14 indicator still appears to be swinging up, moving away from the neutral area of the zero line. In general, the plan to SELL AUDUSD for today is still a profitable trading option, by placing a stop loss at the higher area of 0.72800 and a take profit target at the lower area of 0.71370 which is located in the EMA200 area.
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