Forex Forecast for Wednesday (2014.10.8)

We've seen strong capital flows into AUDUSD and out of USDJPY.

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8780 to 0.8859

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 107.48 to 108.52