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Forex Technical Analysis Forecast 03.11.2021

EURUSD, Euro vs US DollarAfter completing the correction at 1.1612 and rebounding from this level to the downside, EURUSD has finished the descending impulse along with another correction; right now, it is falling to break the low of this impulse. Possibly, the pair may fall to break 1.1546 and then continue trading downwards with the shortterm target at 1.1484.GBPUSD, Great Britain Pound vs US DollarAfter forming a new consolidation rang around 1.3647 and breaking it to the downside, GBPUSD is expected to continue falling within the downtrend towards 1.3595. Later, the market may correct to test 1.3647 from below and then resume falling with the predicted target at 1.3480.USDRUB, US Dollar vs Russian RubleAfter expanding the consolidation range up to 71.90, USDRUB is expected to resume falling towards 70.60 and may later form one more ascending structure with the target at 72.00 to complete the correction. Later, the market may start another decline to reach 69.20.USDJPY, US Dollar vs Japanese YenUSDJPY is still consolidating around 113.85. Later, the market may resume falling towards 113.28 and then start a new growth with the target at 113.86.USDCHF, US Dollar vs Swiss FrancAfter completing the ascending structure at 0.9149, USDCHF is forming a new consolidation range above this level. If later the price breaks this range to the downside, the market may resume falling with the target at 0.9109. After that, the instrument may start another growth towards 0.9155 and then…

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