February 3, 2015

Forex Forecast for Wednesday (2015.2.4)

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

Bullish: EURUSD (Likely to break Higher High and hold a Higher Low)
Projected Daily Close: 1.1423 to 1.1585

Bearish: USDCAD (Likely to break a Lower Low and hold a Lower High)
Projected Daily Close: 1.2283 to 1.2498

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