August 27, 2014

Forex Forecast for Thursday (2014.8.28)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9326 to 0.9363

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0798 to 1.0892

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