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Forex Technical Analysis Forecast 24.02.2022

EURUSD, Euro vs US DollarAfter forming a new consolidation range around 1.1295, EURUSD has broken it to the downside. Possibly, today the pair may fall to break 1.1200 and then continue trading downwards with the shortterm target at 1.1157.GBPUSD, Great Britain Pound vs US DollarHaving reached 1.3540 and formed a new consolidation range there, GBPUSD has broken it to the downside; right now, it is still falling towards 1.3464. Later, the market may break the latter level and form a new descending structure with the shortterm target at 1.3434.USDRUB, US Dollar vs Russian RubleAfter forming a new consolidation range around 79.80, USDRUB is expected to break it to the upside and grow to reach 84.30. Later, the market may correct down to 81.85 and then form one more ascending wave with the target at 85.00.USDJPY, US Dollar vs Japanese YenUSDJPY continues falling towards 114.40. After that, the instrument may correct to reach 114.80 and then resume falling with the target at 114.00.USDCHF, US Dollar vs Swiss FrancUSDCHF is falling towards 0.9152. Later, the market may grow to reach 0.9188 and then resume trading downwards with the target at 0.9140.AUDUSD, Australian Dollar vs US DollarAUDUSD continues forming the descending wave towards 0.7146. After that, the instrument may correct to reach 0.7208 and then resume falling with the target at 0.7050.BRENTBrent is growing towards 101.50. Later, the market may correct down to 98.20 and then resume trading within the uptrend with…

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