July 30, 2014

Forex Forecast for Thursday (2014.7.31)

We're seeing bullish price action on USDJPY and bearish price action on AUDUSD.

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 102.56 to 103.33

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9283 to 0.9345

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