The AUD/NZD chart below indicates that this pair could be oscillating on the H4 and D1 time frames. This pair has hit resistance and could start to cycle down on these two time frames tomorrow in the main trading session We would start to look for sell signals on this pair tomorrow using The Forex Heatmap®. The overall potential is down to the 1.0650 support area, denoted in yellow. The Forexearlywarning trading system is a trend based trading system, but sometimes currency pairs start oscillating or ranging between support and resistance, and we prepare trading plans for these pairs also. When the market is not trending, traders can use our range trading strategies for all 28 pairs. The charts you see 5/12 exponential moving averages evaluated across multiple time frames.
Forex Trading Charts AUD/NZD 7-30-2014