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Forex Technical Analysis Forecast 03.02.2022

EURUSD, Euro vs US DollarHaving completed the ascending wave at 1.1329, EURUSD is consolidating around 1.1300. Possibly, today the pair may correct down to 1.1280 and then start another growth to break 1.1330. Later, the market may continue trading upwards with the shortterm target at 1.1403.GBPUSD, Great Britain Pound vs US DollarAfter finishing the ascending wave at 1.3585, GBPUSD is consolidating below this level. If later the price breaks this range to the downside, the market may correct towards 1.3535 and then resume trading downwards with the shortterm target at 1.3609.USDRUB, US Dollar vs Russian RubleHaving completed the descending wave at 75.75, USDRUB is consolidating above this level. If later the price breaks this range to the upside, the market may correct towards 76.78. After that, the instrument may break his level and continue the correction with the target at 77.77.USDJPY, US Dollar vs Japanese YenAfter reaching the downside target at 114.14, USDJPY is expected to consolidate there. If later the price breaks this range to the upside, the market may correct towards 114.87; if to the downside resume falling with the first target at 114.00.USDCHF, US Dollar vs Swiss FrancHaving completed the descending wave at 0.9218 and formed a new consolidation range around this level, USDCHF has broken it to the downside. Possibly, today the pair may continue trading downwards with the target at 0.9093.AUDUSD, Australian Dollar vs US DollarAfter finishing the ascending…

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