Aussie Dollar

Chart courtesy of Metastock. Data provided by Quote Center.

Yesterday the NZDJPY did indeed bounce off the MA and then went on to make good profits for the day. The MA's are important support/resistance. If you look at the above chart AUDUSD (15 Min) we can see the price has a sell signal and is currently being supported by the red MA. If we break and close below we could see further weakness. However, there is always a risk of traders remorse so keep that in mind and demonstrate that with your stops.

Good luck today.