May 3, 2015

Forex Forecast for Monday (2015.5.4)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.2133 to 1.2238

Bearish: GBPUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.5047 to 1.5255

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