Today in forex trading the Australian Dollar (AUD) strength continued against all currencies. The EUR/AUD dropped and is in a strong down trend. We see several historical support levels nearby. Scale out lots on any sells, but hold remaining lots due to the strong downtrend. The AUD/NZD continued in its 2 day upcycle and long term uptrend. The AUD strength is also trend based, many AUD pairs are trending on AUD strength on the W1 and MN time frames. The forex trading signals you see below are from The Forex HeatmapĀ®, a visual map of the forex market.
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