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Forex Technical Analysis Forecast 13.10.2021

EURUSD, Euro vs US DollarAfter completing the descending structure at 1.1524 along with the correction to test 1.1550 from below, EURUSD is expected to forming a new consolidation range around the latter level. Later, the market may break this range to the downside and resume falling towards 1.1515 or even reach the target at 1.1500.GBPUSD, Great Britain Pound vs US DollarAfter finishing another descending structure at 1.3568, GBPUSD has returned to test 1.3614 from below. Possibly, today the pair may continue trading downwards with the target at 1.3542.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the correction to test 72.00 from below. Today, the pair may fall to reach 71.45 and then start a new correction with the target at 72.40.USDJPY, US Dollar vs Japanese YenUSDJPY is still forming a new consolidation rage around 113.33; it has already expanded it up to 113.77. Possibly, today the pair may fall to reach 112.99 and then grow to return to 113.33. If later the price breaks this range to the upside, the market may start another growth to reach 114.00; if to the downside form a new descending structure with the target at 112.12.USDCHF, US Dollar vs Swiss FrancAfter finishing the ascending structure at 0.9312, USDCHF is correcting towards 0.9285. After that, the instrument may form one more ascending structure to break 0.9315 and then continue trading upwards with the shortterm target at 0.9370.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the…

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