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Forex Technical Analysis Forecast 15.11.2021

EURUSD, Euro vs US DollarAfter completing the descending structure at 1.1432, EURUSD is consolidating around 1.1455. Today, the pair may grow and correct towards 1.1500. Later, the market may resume trading within the downtrend with the target at 1.1404.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending wave at 1.3361 and then returning to 1.3400, GBPUSD has formed a new consolidation range around the latter level. Possibly, the pair may expand this range up to 1.3450 and then resume falling with the target at 1.3289.USDRUB, US Dollar vs Russian RubleAfter reaching the upside target at 72.70, USDRUB is expected to form a new descending structure to break 72.00. Later, the market may continue trading downwards with the target at 70.65.USDJPY, US Dollar vs Japanese YenUSDJPY is still consolidating around 114.00. If later the price grows and breaks this range to the upside at 114.30, the market may form one more ascending structure towards 115.22; if falls and breaks to the downside at 113.70 continue the correction with the target at 112.71.USDCHF, US Dollar vs Swiss FrancAfter completing the descending impulse at 0.9200, USDCHF is still consolidating around this level. Possibly, today the pair may continue the correction towards 0.9167 and then resume trading within the uptrend with the target at 0.9250.AUDUSD, Australian Dollar vs US DollarAfter forming a new consolidation range around 0.7300 and breaking it to the upside, AUDUSD has finished the…

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