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Forex Technical Analysis Forecast 03.08.2021

EURUSD, Euro vs US DollarThe currency pair is forming a consolidation range under 1.1880. Today it might drop to 1.1840, after which the pair might grow to 1.1925. When this level is reached, a new wave of decline to 1.1750 might begin. And if the price drops to 1.1840 at once and breaks through it, it is likely to go further down to 1.1600 by the trend.GBPUSD, Great Britain Pound vs US DollarThe currency pair is trading in a consolidation range around 1.3894. Today it might proceed to 1.3800 and then probably demonstrate a link of growth to 1.4000, followed by a decline to 1.3780. And if this level is broken downwards, the quotations might go to 1.3550.USDRUB, US Dollar vs Russian RubleThe pair has completed a structure of growth to 72.70. Today it might be followed by a link of growth 73.20. The goal is local.USDJPY, US Dollar vs Japanese YenThe currency pair has broken through 109.36 downwards and keeps developing a wave of decline to 108.84. When this one is reached, a correction link to 109.33 a test from below might follow. Then we expect a decline to 108.15. The goal us first.USDCHF, US Dollar vs Swiss FrancThe currency pair is forming a consolidation range around 0.9057. With an escape upwards, we expect a link of growth to 0.9105. With an escape downwards, the wave can extend to 0.9005. Then the pair might grow to 0.9105.AUDUSD, Australian Dollar vs US DollarThe currency pair keeps developing a consolidation area around 0.7360. A link of growth to 0.7440 should…

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