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Forex Technical Analysis Forecast 14.12.2021

EURUSD, Euro vs US DollarEURUSD has completed another descending along with the correction towards 1.1290; right now, it is falling to reach 1.1200 and may later start a new correction to return to 1.1290. After that, the instrument may resume trading downwards with the target at 1.1180.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending structure at 1.3212 and forming a new consolidation range around this level, GBPUSD has broken it to the downside. Today, the pair may continue falling towards 1.3160. Later, the market may correct to return to 1.3212 and then resume trading downwards with the target at 1.3150.USDRUB, US Dollar vs Russian RubleUSDRUB is consolidating around 73.50 without any specific direction. Possibly, the pair may break the range to the downside and resume falling with the first target at 72.50. Later, the instrument may start a new correction towards 74.20.USDJPY, US Dollar vs Japanese YenUSDJPY is forming a narrow consolidation range around 113.55. Possibly, today the pair may break the range to the upside and reach 114.04. Later, the market may start a new correction to return to 113.55 and then resume trading upwards with the target at 114.55.USDCHF, US Dollar vs Swiss FrancUSDCHF is consolidating around 0.9229 without any particular direction. Possibly, the pair may break this range to the upside and resume growing towards 0.9286. Later, the market may correct to reach 0.9233 and then form one more ascending structure with the…

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