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Forex Technical Analysis Forecast 21.12.2021

EURUSD, Euro vs US DollarEURUSD has completed the correction at 1.1236 along with the ascending structure towards 1.1303. Possibly, today the pair may start a new decline to break 1.1261 and then continue trading downwards to reach 1.1221. After that, the instrument may resume growing to return to 1.1303.GBPUSD, Great Britain Pound vs US DollarGBPUSD has finished the descending structure at 1.3173 along with the correction towards 1.3245. Today, the pair may resume falling to reach 1.3140 and then start another growth with the target at 1.3255.USDRUB, US Dollar vs Russian RubleAfter completing the ascending structure at 74.40, USDRUB is expected to fall and break 73.51. Later, the market may continue trading downwards with the shortterm target at 72.72.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the correction at 113.31; right now, it is growing to break 113.77. After that, the instrument may continue trading upwards with the target at 114.25.USDCHF, US Dollar vs Swiss FrancUSDCHF has finished the descending structure at 0.9192. Possibly, today the pair may form one more ascending structure to break 0.9262 and then continue growing with the target at 0.9348.AUDUSD, Australian Dollar vs US DollarAUDUSD is consolidating around 0.7105. Today, the pair may grow to reach 0.7129 and then start a new decline to return to 0.7105. If later the price breaks the range to the upside, the market may correct with the target at 0.7165.BRENTBrent has finished the correction at…

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