August 10, 2015

Forex Forecast for Tuesday (2015.8.11)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.5532 to 1.5640

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2945 to 1.3086

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