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Forex Technical Analysis Forecast 23.03.2022

EURUSD, Euro vs US DollarAfter reaching the shortterm upside target at 1.1040, EURUSD has completed the correction towards 1.1012. Today, the pair may form a new correctional structure to reach 1.1004 and then form one more ascending wave with the target at 1.1063.GBPUSD, Great Britain Pound vs US DollarAfter breaking the consolidation range to the upside and reaching the shortterm target at 1.3296, GBPUSD is expected to fall towards 1.3196. Later, the market may start another growth to reach 1.3304.USDJPY, US Dollar vs Japanese YenUSDJPY continues growing towards 122.08. Later, the market may start a new decline to break 120.32 and then continue trading downwards with the target at 118.40.USDCHF, US Dollar vs Swiss FrancHaving completed the descending wave at 0.9320, USDCHF is growing towards 0.9349. After that, the instrument may break the latter level and continue trading upwards with the target at 0.9376.AUDUSD, Australian Dollar vs US DollarAfter breaking the consolidation range to the upside and reaching 0.7464, AUDUSD is expected to start a new decline to break 0.7412 and then continue falling with the target at 0.7300.BRENTBrent continues growing towards 127.36. After that, the instrument may correct down to 112.27 and then resume trading upwards with the target at 142.00.XAUUSD, Gold vs US DollarGold is consolidating around 1925.35. Possibly, the metal may fall towards 1900.20 and then form one more ascending structure to reach 1950.00. Later, the market may break…

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