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Forex Technical Analysis Forecast 23.11.2021

EURUSD, Euro vs US DollarAfter completing another descending structure at 1.1230, EURUSD is expected to correct towards 1.1277. Later, the market may form a new descending structure to reach 1.1195 and then start another correction with the target at 1.1350.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending wave at 1.3396, GBPUSD is consolidating around this level. If later the price breaks this range to the downside, the market may resume trading downwards to reach 1.3290; if to the upside start another correction with the target at 1.3455.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the ascending wave at 74.84; right now. it is consolidating around this level. Possibly, the pair may break the range downwards and form a new descending structure with the first target at 72.72.USDJPY, US Dollar vs Japanese YenUSDJPY is still growing. Possibly, today the pair may reach 115.40 and then form a new consolidation range there. If the price grows and breaks this range to the upside, the market may form one more ascending structure with the target at 115.88.USDCHF, US Dollar vs Swiss FrancAfter completing the ascending wave at 0.9330, USDCHF has formed a new consolidation range below this level. Possibly, the pair may start a new correction towards 0.9297 and then resume trading upwards with the target at 0.9350.AUDUSD, Australian Dollar vs US DollarAUDUSD has finished another descending structure at 0.7222; right now, it is consolidating around this…

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