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Forex Technical Analysis Forecast 25.08.2021

EURUSD, Euro vs US DollarAfter finishing the ascending structure at 1.1762, EURUSD is falling towards 1.1726, thus forming a new consolidation range between these two levels. If later the price breaks this range to the downside, the market may resume falling with the target at 1.1600; if to the upside form one more ascending structure to reach 1.1777 and then start a new decline.GBPUSD, Great Britain Pound vs US DollarGBPUSD is consolidating and forming a Triangle pattern. Today, the pair may expand the range up to 1.3755 and then fall to reach 1.3676. After that, the instrument may start another growth towards 1.3720. If later the price breaks this range to the downside, the market may resume falling with the target at 1.3598; if to the upside form one more ascending structure towards 1.3800.USDRUB, US Dollar vs Russian RubleUSDRUB has finished the descending structure at 73.73; right now, it is consolidating around this level. If the price breaks this range to the upside, the market may start a new correction with the target at 74.24; if to the downside resume trading downwards to reach 73.00.USDJPY, US Dollar vs Japanese YenUSDJPY is forming a new consolidation range around 109.64 and may later resume falling with the shortterm target at 109.16. After that, the instrument may grow to test 109.60 from below and then start a new descending structure towards 108.96.USDCHF, US Dollar vs Swiss FrancAfter forming another consolidation range around 0.9120, USDCHF has broken…

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