Today in the forex market the Australian Dollar (AUD) was weak on all pairs. This drove strong price movement for forex traders. There was also some British Pound (GBP) strength and minor Swiss Franc (CHF) strength in the market as well. This drove the GBP/AUD higher and the AUD/CHF lower. The movements were strong but both pairs are ranging inside of support and resistance, so we would scale out lots on either trade. The AUD weakness you see below is shown on The Forex HeatmapĀ®, which gives live buy and sell signals for 28 pairs including the AUD pairs.
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