August 4, 2014

Forex Forecast for Tuesday (2014.8.5)

There looks to be strength on the AUDUSD with weakness on the USDCAD.

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9321 to 0.9343

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.0898 to 1.0919

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