January 11, 2015

Forex Forecast for Monday (2015.1.12)

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: 0.8156 to 0.8232

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 118.02 to 119.13

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