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Forex Tech Analysis Forecast for 10.08.2021

EURUSD, Euro vs US DollarThe currency pair has created a consolidation range above 1.1745 and is trying to break through it today downwards. We expect the level of 1.1707 to be reached. Next thing, the quotations might test 1.1745 from below, and then they might decline further down to 1.1655, potentially continuing the trend to 1.1600.GBPUSD, Great Britain Pound vs US DollarThe currency pair keeps forming a consolidation range around 1.3848. A decline to 1.3800 is expected, followed by a link of growth to 1.3848 and a decline to 1.3743. The goal is local.USDRUB, US Dollar vs Russian RubleThe currency pair has reached the local goal of correction at 73.70. Today, a link of decline to 73.30 should follow. Next we might see a link of growth to 73.83. There the correction should be over. A decline to 72.72 is to follow.USDJPY, US Dollar vs Japanese YenThe currency pair is developing a consolidation range under 110.40. With an escape upwards, a pathway to 110.70 should open. With an escape downwards, the trend should continue to 109.50. And if this level is broken, we expect 108.10 to be hit.USDCHF, US Dollar vs Swiss FrancThe currency pair formed a consolidation range around 0.9153 and escaped it upwards. The potential of growth to 0.9250 is realized. The goal is local. When this level is reached, we expect a correction to 0.9153, followed by the trend continuing to 0.9284.AUDUSD, Australian Dollar vs US DollarThe currency pair formed a consolidation range around 0.7360 and…

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