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Forex Technical Analysis Forecast 09.08.2021

EURUSD, Euro vs US DollarThe currency pair has performed a wave of decline to 1.1744. Today the market is trading in a structure of growth towards 1.1763. This will be followed by a decline to 1.1750, and then a consolidation range is likely to develop at these levels. With an escape upwards, the price might then correct to 1.1788. After an escape downwards, the trend might continue to 1.1600.GBPUSD, Great Britain Pound vs US DollarThe currency pair has performed a structure of decline to 1.3870. Today the market is forming a consolidation range around this level. With an escape downwards, a decline to 1.3790 might start. With an escape upwards, the quotations might correct to 1.3900 a test from below, followed by a decline to 1.3790.USDRUB, US Dollar vs Russian RubleThe currency pair suggests further correction to 73.53, followed by a decline to 73.25. Then another link of growth to 73.83 is possible. There the correction will be over and followed by a decline to 72.72.USDJPY, US Dollar vs Japanese YenThe currency pair has performed a wave of growth to 110.40. Today we expect a decline to 109.55. At these levels, a consolidation range is likely to form. With an escape downwards, the trend might continue to 108.10.USDCHF, US Dollar vs Swiss FrancThe currency pair has performed a wave of growth to 0.9155. Today the market is forming a narrow consolidation range at this high. We expect an escape to 0.9070 downwards.AUDUSD, Australian Dollar vs US DollarThe currency pair has…

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