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Forex Technical Analysis Forecast 25.10.2021

EURUSD, Euro vs US DollarAfter completing another ascending impulse at 1.1655 along with the correction towards 1.1622, EURUSD is growing to return to 1.1655 and break it. Later, the market may reach 1.1669 and consolidate there. If the price breaks this range to the upside, the asset may trade upwards to reach 1.1707 and then start a new correction to the downside.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending wave at 1.3741 and forming another consolidation range around this level, GBPUSD has broken it to the upside to reach 1.3781. Today, the pair may fall to reach 1.3759 and then one more ascending wave to break 1.3802. After that, the instrument may continue trading upwards with the target at 1.3851.USDRUB, US Dollar vs Russian RubleUSDRUB has completed another descending structure at 69.82 along with the correction towards 70.47. Possibly, today the pair may start another decline to reach 69.67 and then correct towards 71.10. Later, the market may resume falling with the target at 69.00.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the descending impulse at 113.40 along with the correction towards 113.79. Possibly, the pair may form a new descending structure to reach 112.90 and then start another correction with the target at 113.79.USDCHF, US Dollar vs Swiss FrancUSDCHF has completed another descending structure at 0.9155; right now, it is consolidating above this level. If later the price breaks this range to the upside, the market…

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