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Forex Technical Analysis Forecast 10.09.2021

EURUSD, Euro vs US DollarEURUSD is consolidating around 1.1825. Possibly, the pair may expand the range up to 1.1844 and then fall to return to 1.1825. If later the price breaks this range to the downside, the market may resume falling to reach 1.1782; if to the upside start a new growth to break 1.1884 and then continue trading within the uptrend with the target at 1.1922.GBPUSD, Great Britain Pound vs US DollarAfter finishing the ascending wave at 1.3812 and forming a new consolidation range here, GBPUSD has broken it to the upside and may later continue growing towards 1.3900. Today, the pair may reach the shortterm target at 1.3870. After that, the instrument may start another correction to test 1.3812 from above and then resume trading upwards to reach 1.3900.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the descending structure at 72.95; right now, it is consolidating around this level. Possibly, the pair may break the range to the downside and resume trading downwards with the shortterm target at 72.50.USDJPY, US Dollar vs Japanese YenAfter finishing the descending structure at 109.62, USDJPY is correcting upwards. Possibly, today the pair may reach 109.90 and then form a new descending structure with the shortterm target at 109.44.USDCHF, US Dollar vs Swiss FrancUSDCHF has finished another descending wave at 0.9160; right now, it is consolidating above this level. Possibly, the pair may break the range to the upside and start a new growth towards 0.9195….

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