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Forex Technical Analysis Forecast 07.03.2022

EURUSD, Euro vs US DollarAfter forming a new consolidation range above 1.0886 and breaking it downwards, EURUSD has reached 1.0830; right now, it is growing to return to 1.0886. Possibly, the pair may break the latter level upwards and then continue growing with the target at 1.0939.GBPUSD, Great Britain Pound vs US DollarGBPUSD is still consolidating below 1.3257. Possibly, today the pair may fall towards 1.3155 and then start a new correction to reach 1.3200. After that, the instrument may resume trading downwards with the shortterm target at 1.3100.USDRUB, US Dollar vs Russian RubleThe situation hasnt changed much; markets are closed. After opening, USDRUB is expected to return to 92.00 its the downside border of the range around 102.00. If later the price breaks this level to the downside, the asset may resume falling with the target at 75.00.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the descending wave at 114.65 along with the correction towards 115.05. Today, the pair may start a new decline with the target at 114.26.USDCHF, US Dollar vs Swiss FrancHaving completed the descending wave at 0.9162, USDCHF is consolidating around 0.9190; it has already expanded the range up to 0.9210. Possibly, today the pair may fall to return to 0.9190. If later the price breaks this range to the upside, the market may resume trading upwards to reach 0.9265; if to the downside form a new descending structure with the target at 0.9148.AUDUSD, Australian Dollar vs US…

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