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Forex Technical Analysis Forecast 22.02.2022

EURUSD, Euro vs US DollarAfter breaking 1.1318 to the downside, EURUSD is expected to continue falling with the shortterm target at 1.1250. Later, the market may start a new growth to test 1.1322 from below and then resume trading downwards with the target at 1.1240.GBPUSD, Great Britain Pound vs US DollarHaving rebounded from 1.3636, GBPUSD is expected to continue falling and may soon reach 1.3585. Later, the market may break the latter level and form a new descending structure with the shortterm target at 1.3535.USDRUB, US Dollar vs Russian RubleUSDRUB has broken 77.60; right now, it is still growing towards 80.30. After that, the instrument may correct to return to 77.60 and then form one more ascending wave with the target at 81.05.USDJPY, US Dollar vs Japanese YenHaving finished the descending wave at 114.50, USDJPY is expected to correct to reach 115.27 and may later resume falling to break 114.40. After that, the instrument may continue falling with the target at 114.00.USDCHF, US Dollar vs Swiss FrancUSDCHF is falling towards 0.9144. Later, the market may grow to reach 0.9208 and then resume trading downwards with the target at 0.9177.AUDUSD, Australian Dollar vs US DollarAUDUSD continues consolidating around 0.7190. Possibly, today the pair may grow towards 0.7214 and then form a new descending wave to break 0.7184. After that, the instrument may continue falling with the target at 0.7157.BRENTAfter breaking 96.00, Brent is expected to continue growing and reach…

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