May 11, 2015

Forex Forecast for Tuesday (2015.5.12)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5502 to 1.5664

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.1113 to 1.1168

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