Today in the forex market the AUD was weak on all pairs. This drove movement on this entire group of pairs. There was also some USD strength in the market today, and the AUD/USD dropped considerably down to one major support level. Based on the current trends on this pair, it should break this support level and continue lower. The AUD weakness in the market today is shown below on our real time trade management indicator, The Forex Heatmap®.
Forex Market AUD Weakness 12-12-2013