August 5, 2015

Forex Forecast for Thursday (2015.8.6)

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

Bullish: USDJPY (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 124.51 to 125.24

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7319 to 0.7364

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