October 27, 2014

Forex Forecast for Tuesday (2014.10.28)

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

Bullish: GBPUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.6115 to 1.6162

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 107.45 to 107.93

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