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Forex Technical Analysis Forecast 14.01.2022

EURUSD, Euro vs US DollarEURUSD is still consolidating around 1.1458. If later the price breaks this range to the upside, the market may resume trading upwards with the target at 1.1507; if to the downside start a new correction towards 1.1385 and then form one more ascending structure to reach the abovementioned target.GBPUSD, Great Britain Pound vs US DollarGBPUSD is still consolidating around 1.3723. Possibly, the pair may grow and reach 1.3759. After that, the instrument may correct downwards with the target at 1.3626.USDRUB, US Dollar vs Russian RubleHaving broken the range to the upside and completing the correction at 76.35, USDRUB is expected to fall and break 74.22. Later, the market may continue trading downwards with the target at 72.00.USDJPY, US Dollar vs Japanese YenAfter completing the descending wave at 113.66, USDJPY is expected to consolidate near the lows. Later, the market may break the range to the upside and start another correction with the target at 114.92.USDCHF, US Dollar vs Swiss FrancHaving finished the descending wave at 0.9090, USDCHF is expected to consolidate near the lows. After that, the instrument may break the range to the upside and start a new correction with the target at 0.9183.AUDUSD, Australian Dollar vs US DollarAUDUSD is consolidating around 0.7288. If later the price breaks this range to the upside, the market may resume trading upwards to reach 0.7337; if to the downside start a new decline with the target at…

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