Forex Forecast for Wednesday (2015.1.7)

There looks to be strength on the USDCAD with weakness on the USDJPY.

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1785 to 1.1865

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 117.68 to 118.84