February 4, 2015

Forex Forecast for Thursday (2015.2.5)

Today, we're looking at upward pressure on the USDCAD with downward pressure on the EURUSD.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2491 to 1.2639

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1276 to 1.1400

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