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Forex Technical Analysis Forecast 16.09.2021

EURUSD, Euro vs US DollarAfter completing the correction at 1.1830 and rebounding from this level, EURUSD is still falling towards 1.1799. Later, the market may break this level and continue trading downwards with the target at 1.1770.GBPUSD, Great Britain Pound vs US DollarAfter finishing the correction at 1.3852 along with the descending impulse towards 1.3822, GBPUSD has returned to the former level. Possibly, today the pair may fall to break 1.3820 and then continue falling towards 1.3791. Later, the market may break the latter level as well and continue trading downwards with the shortterm target at 1.3737.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the descending wave at 72.46. Today, the pair may test 72.66 from below and then form a new descending structure to reach 72.25. Later, the market may break this level and continue trading within the downtrend with the target at 72.00.USDJPY, US Dollar vs Japanese YenAfter reaching the shortterm downside target at 109.10, USDJPY is consolidating near the lows. Possibly, the pair may break the range to the upside and start a new correction towards 109.60. After that, the instrument may resume trading downwards with the target at 108.85.USDCHF, US Dollar vs Swiss FrancAfter completing the ascending impulse at 0.9204 along with the correction towards 0.9184, USDCHF is growing to break 0.9205. After that, the instrument may continue trading upwards with the shortterm target at 0.9225.AUDUSD, Australian Dollar vs US…

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