October 6, 2014

Forex Forecast for Tuesday (2014.10.7)

We've seen strong capital flows into EURUSD and out of USDCHF.

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2592 to 1.2714

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9538 to 0.9627

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