January 5, 2015

Forex Forecast for Tuesday (2015.1.6)

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

Bullish: AUDUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 0.8070 to 0.8124

Bearish: USDJPY (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 119.07 to 120.01

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