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Forex Technical Analysis Forecast 09.11.2021

EURUSD, Euro vs US DollarThe currency pair has broken through 1.1566 upwards and suggests further correction to 1.1626. When this level is reached, a wave of decline might start, heading fro 1.1480.GBPUSD, Great Britain Pound vs US DollarThe currency pair broke through 1.3508 upwards and suggests further correction to 1.3629. After this level is reached, we expect a decline by the trend to 1.3333.USDRUB, US Dollar vs Russian RubleThe currency pair continues developing the consolidation range above 71.00. It might extend downwards to 70.65. Then a new wave of growth might start developing, aiming at 72.70.USDJPY, US Dollar vs Japanese YenThe currency pair has performed a wave of decline to 112.80. Today the market is again pushed downwards. We expect the level of 112.54 to be reached. Next thing, a link of correction to 113.22 is to follow a test from below. Then the wave of decline is to continue to 112.00.USDCHF, US Dollar vs Swiss FrancThe currency pair keeps forming a consolidation range around 0.9120. Today the market is trying to break through this level downwards. A decline to 0.9100 is not excluded. After this level is reached, a link of growth to 0.9120 might follow a test from below, then a decline to 0.9080.AUDUSD, Australian Dollar vs US DollarThe currency pair is forming a consolidation range around 0.7407. It might extend to 0.7454. Then a wave of growth might start to 0.7390. With a breakaway of this level downwards as well, further falling to 0.7317 should…

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