Forex Trend Charts EUR/AUD 10-15-2014

The EUR/AUD trend is reversing to the upside on the higher time frames, like the W1 time frame shown below on the chart. This uptrend currently has a resistance point at around 1.4650, shown by the yellow line. You can set a price alert here. When the alert goes off check The Forex HeatmapĀ® to verify the trade entry. This trade has excellent upside potential up to the 1.5300-1.5400 resistance area. This is 650-750 pips of potential, so the money management ratio is excellent. The trend chart you see below is exponential moving averages that we provide to our clients.

Forex Trend Charts EUR/AUD 10-15-2014

Forex Trend Charts EUR/AUD 10-15-2014

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