October 22, 2014

Forex Forecast for Thursday (2014.10.23)

We've seen strong capital flows into USDCHF and out of EURUSD.

Bullish: USDCHF (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.9507 to 0.9558

Bearish: EURUSD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2613 to 1.2688

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