May 7, 2015

Forex Forecast for Friday (2015.5.8)

There looks to be strength on the USDCHF with weakness on the AUDUSD.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9149 to 0.9262

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7862 to 0.7947

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