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Forex Technical Analysis Forecast 06.09.2021

EURUSD, Euro vs US DollarAfter reaching the shortterm upside at 1.1908, EURUSD has completed the descending impulse towards 1.1865 along with the correction to reach 1.1904; right now, it is falling to return to 1.1865. Possibly, today the pair may break the latter level and continue trading downwards to reach 1.1855. Later, the market may grow to test 1.1865 from below and then form a new descending structure with the first correctional target at 1.1849.GBPUSD, Great Britain Pound vs US DollarAfter reaching 1.3890 and finishing the descending impulse at 1.3845, GBPUSD has completed the correction towards 1.3866; right now, it is forming a new descending impulse to break 1.3845 and may later continue trading downwards to reach 1.3800. After that, the instrument may return to 1.3845 to test it from below and then start a new decline with the first correctional target at 1.3785.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the descending structure at 72.55. 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 breaking 109.82 and then reaching 109.59, USDJPY has completed the correction to test 109.82 from below. Possibly, the pair may rebound from the latter level and form a new descending structure to break 109.39. Later, the market may continue falling with…

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