May 6, 2015

Forex Forecast for Thursday (2015.5.7)

Today, we're looking at upward pressure on the EURUSD with downward pressure on the USDCHF.

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1272 to 1.1415

Bearish: USDCHF (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.9075 to 0.9197

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