August 3, 2015

Forex Forecast for Tuesday (2015.8.4)

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

Bullish: USDCAD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.3127 to 1.3199

Bearish: AUDUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 0.7246 to 0.7288

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