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Forex Technical Analysis Forecast 09.03.2022

EURUSD, Euro vs US DollarAfter forming a new consolidation range around 1.0886, EURUSD is correcting towards 1.0963. Later, the market may form a new descending structure to reach 1.0793 and then resume growing with the target at 1.1040.GBPUSD, Great Britain Pound vs US DollarGBPUSD is still consolidating below 1.3113. Possibly, today the pair may grow towards 1.3145 and then start a new decline to reach 1.3065. After that, the instrument may resume trading upwards with the target at 1.3217.USDRUB, US Dollar vs Russian RubleThe situation hasnt changed much; markets are closed. After opening, USDRUB is expected to return to 90.00 its the downside border of the range around 107.00. 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 another correctional wave at 115.85; right now, it is consolidating there. Possibly, the pair may break the range downwards and continue trading within the downtrend to reach or even break 115.23. Later, the market may continue falling with the target at 114.40.USDCHF, US Dollar vs Swiss FrancHaving completed the ascending wave at 0.9300, USDCHF is consolidating there. Today, the pair may break the range to the downside and resume trading downwards with the target at 0.9222.AUDUSD, Australian Dollar vs US DollarAUDUSD is forming the descending impulse towards 0.7186. After that, the instrument may start a new correction with the target at…

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