August 13, 2014

Forex Forecast for Thursday (2014.8.14)

We've seen strong capital flows into AUDUSD and out of GBPUSD.

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9291 to 0.9332

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.6647 to 1.6765

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