Forex Trend Analysis AUD/USD 7-8-2015

The AUD/USD trend analysis shows that this pair is in a down trend on the larger time frames. The image below is the MN time frame and trend. This pair has a current support level at 0.7370, shown by the red line, you can set a price alert here. When the price alert hits you can check The Forex HeatmapĀ® signals to verify any sells. Overall potential is excellent, down to as low as 0.6300, noted by the red lines. This is over 900 pips of potential, so this is excellent risk/reward ratio for a trade. Better risk management is what forex traders need, trade after trade.

Forex Trend Analysis AUD/USD 7-8-2015

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