Today in forex trading the AUD (Australian Dollar) weakness drove price movement on all pairs in the group. There was a strong downward move on the AUD/JPY, this pair is trending down on the D1 time frame and will continue lower. The GBP/AUD also rose to the 1.8200 resistance area, we would scale out some lots here and we will check the trends on this pair to see if it will continue. Check our next set of trading plans that will be published later today.
Forex Signals AUD Weakness 5-20-2014