September 2, 2014

Forex Forecast for Wednesday (2014.9.3)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 104.75 to 105.43

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.6433 to 1.6541

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