August 25, 2014

Forex Forecast for Tuesday (2014.8.26)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.6567 to 1.6613

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9133 to 0.9160

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