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Forex Technical Analysis Forecast 24.11.2021

EURUSD, Euro vs US DollarAfter completing the correctional structure at 1.1274, EURUSD is expected to fall towards 1.1197. Later, the market may start another correction with the target at 1.1274.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending wave at 1.3353, GBPUSD is correcting towards 1.3396. Later, the market may resume trading downwards with the target at 1.3328.USDRUB, US Dollar vs Russian RubleUSDRUB is still consolidating around 74.78. Possibly, the pair may form a new descending structure to break 73.90 and then continue falling with the target at 72.72.USDJPY, US Dollar vs Japanese YenUSDJPY is still consolidating around 114.80. Today, the pair may break this range to the upside and reach 116.06. After that, the instrument may start a new correction to return to 114.80.USDCHF, US Dollar vs Swiss FrancUSDCHF is growing towards 0.9350. Later, the market may start another correction with the target at 0.9300.AUDUSD, Australian Dollar vs US DollarAUDUSD is still consolidating around 0.7222. Possibly, today the pair may break the range to the downside and resume falling towards 0.7170. After that, the instrument may start a new correction with the target at 0.7268.BRENTBrent has finished the ascending structure at 82.00; right now, it is consolidating around this level. If later the price breaks this range to the downside, the market may resume trading downwards to reach 77.40; if to the upside form one more ascending structure with the target…

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