August 28, 2014

Forex Forecast for Friday (2014.8.29)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9353 to 0.9383

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 103.47 to 103.74

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