January 18, 2015

Forex Forecast for Monday (2015.1.19)

Today, we're looking at upward pressure on the USDJPY with downward pressure on the USDCHF.

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 116.80 to 118.21

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.8364 to 0.8627

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