February 24, 2015

Forex Forecast for Wednesday (2015.2.25)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7788 to 0.7860

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2435 to 1.2571

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