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Forex Technical Analysis Forecast 03.09.2021

EURUSD, Euro vs US DollarAfter rebounding from 1.1833, breaking 1.1850 to the upside, and then reaching 1.1883, EURUSD is consolidating below the latter level. Today, the pair may break the range to the downside and correct to return to 1.1850. Later, the market may resume trading upwards with the target at 1.1910.GBPUSD, Great Britain Pound vs US DollarAfter breaking 1.3788 to the upside and then reaching 1.3844, GBPUSD is consolidating below the latter level. Possibly, today the pair may break the range to the downside and start another correction to return to 1.3788. After that, the instrument may form one more ascending structure with the target at 1.3884.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the descending structure at 72.70. Today, the pair may consolidate around this level. Later, the market may break the range to the upside and correct to reach 73.40. After that, the instrument may resume trading downwards with the shortterm target at 72.50.USDJPY, US Dollar vs Japanese YenAfter finishing the descending wave at 109.79, USDJPY is correcting towards 110.11. After that, the instrument may form a new descending structure to break 109.60 and then continue falling with the target at 109.17.USDCHF, US Dollar vs Swiss FrancUSDCHF has completed the correctional structure at 0.9135; right now, it is consolidating above this level. Possibly, the pair may break the range to the upside and reach 1.9166. After breaking this level as well, the instrument may…

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