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Forex Technical Analysis Forecast 04.02.2022

EURUSD, Euro vs US DollarHaving completed the ascending wave at 1.1466, EURUSD is consolidating below this level. Possibly, today the pair may correct down to 1.1280 and then start another growth to break 1.1500. Later, the market may continue trading upwards with the target at 1.1550.GBPUSD, Great Britain Pound vs US DollarAfter finishing the ascending wave at 1.3626, GBPUSD is consolidating below this level. If later the price breaks this range to the downside, the market may resume trading downwards with the target at 1.3490.USDRUB, US Dollar vs Russian RubleHaving completed the ascending wave at 76.78 along with the descending structure towards 76.16, USDRUB has defined the borders of a new consolidation range. If later the price breaks this range to the upside, the market may correct towards 77.50; if to the downside resume falling with the target at 73.83.USDJPY, US Dollar vs Japanese YenAfter finishing the correction at 115.04, USDJPY is falling to break 114.57 and may later continue trading downwards with the target at 114.04.USDCHF, US Dollar vs Swiss FrancHaving completed the descending wave at 0.9218 along with the ascending structure to test 0.9232 from below, USDCHF has finished another descending wave towards 0.9178. Possibly, today the pair may break this level and continue trading downwards with the target at 0.9136.AUDUSD, Australian Dollar vs US DollarAfter finishing the ascending wave at 0.7167 along with the correction towards 0.7125, AUDUSD is growing…

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