February 11, 2015

Forex Forecast for Thursday (2015.2.12)

We're seeing bullish price action on USDJPY and bearish price action on AUDUSD.

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 119.88 to 120.75

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7669 to 0.7743

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