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Forex Technical Analysis Forecast 07.09.2021

EURUSD, Euro vs US DollarAfter reaching the shortterm downside at 1.1855 and finishing the correction towards 1.1884, EURUSD is expected to form a new descending structure with the first target at 1.1847. Later, the market may start another growth to reach 1.1870.GBPUSD, Great Britain Pound vs US DollarAfter reaching the shortterm downside target at 1.3817 and finishing the correction towards 1.3855, GBPUSD is falling with the first target at 1.3793. After that, the instrument may form one more ascending structure to reach 1.3840.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the correctional structure at 73.05; right now, it is falling towards 72.88. Later, the market may correct to reach 73.06. and then resume trading downwards with the shortterm target at 72.50.USDJPY, US Dollar vs Japanese YenUSDJPY is expected to continue the correction to test 109.99 from below and may later form a new descending structure to break 109.63. Later, the market may continue falling with the shortterm target at 109.25.USDCHF, US Dollar vs Swiss FrancUSDCHF is growing to reach 0.9150. After that, the instrument may start a new decline towards 0.9133 and then resume trading upwards with the target at 0.9200.AUDUSD, Australian Dollar vs US DollarAfter completing the correction at 0.7466, AUDUSD is forming a new descending structure to break 0.7430 and may later continue falling with the shortterm target at 0.7400. After that, the instrument may correct to test 0.7430 from below and…

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