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Forex Technical Analysis Forecast 12.11.2021

EURUSD, Euro vs US DollarThe currency pair performed a wave of decline to 1.1440. At a moment, the market is trading in a narrow consolidation range around this level. Today we expect a decline to 1.1428. After this level is reached, there is expected a link of correction to 1.1452 a test from below, followerd by a decline to 1.1404.GBPUSD, Great Britain Pound vs US DollarThe currency pair created a consolidation range around 1.3390, and today it is aiming at a breakaway of the lower border of the range. Today, the pair can decline to 1.3308. Then a link of correction to 1.3360, a decline to 1.3288, and possibly the continuation of the trend to 1.3246 should follow.USDRUB, US Dollar vs Russian RubleThe currency pair broke through 71.00 and can continue correcting to 71.59. After this level is reached, the link of correction can develop to 71.00. At these levels, a consolidation range can form. With an escape upwards, a pathway to 72.70 will open, with an escape downwards a pathway to 69.00.USDJPY, US Dollar vs Japanese YenThe currency pair broke through 113.97 and performed a wave of growth to 114.22. Today we expect a decline to 113.97 a test from above. If the pair escapes the range upwards, a pathway to 115.22 will open. If it escapes it downwards, the pair can correct to 112.80.USDCHF, US Dollar vs Swiss FrancThe currency pair keeps developing a wave of growth to 0.9235. After this level is reached, the pair can correct to 0.9170, followed by growth to 0.9240. With a…

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