April 15, 2015

Forex Forecast for Thursday (2015.4.16)

Today, we're looking at upward pressure on the AUDUSD with downward pressure on the USDCAD.

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.7636 to 0.7730

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2212 to 1.2425

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