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Forex Technical Analysis Forecast 26.10.2021

EURUSD, Euro vs US DollarAfter rebounding from 1.1664 and then reaching the downside border of the range at 1.1622, EURUSD has broken the latter level; right now, it is still falling towards 1.1565. Possibly, today the pair may reach it and then start a new correction to test 1.1620 from below. Later, the market may resume trading downwards with the target at 1.1565.GBPUSD, Great Britain Pound vs US DollarAfter completing the ascending wave at 1.3790 along with the correction at 1.3741, GBPUSD is consolidating between these two levels. Possibly, the pair may break the latter level to the downside and resume falling 1.3689. After that, the instrument may return to test 1.3740 from below and then resume trading downwards with the target at 1.3650.USDRUB, US Dollar vs Russian RubleUSDRUB is consolidating around 70.00. Today, the pair may form a new descending structure towards 69.45 and then start another correction to test 70.00 from below. After that, the instrument may resume falling within the downtrend with the target at 69.00.USDJPY, US Dollar vs Japanese YenUSDJPY is still correcting towards 113.95. Later, the market may resume trading downwards with the first target at 112.90.USDCHF, US Dollar vs Swiss FrancAfter forming a new consolidation range around 0.9175, USDCHF has broken it to the upside and may later grow towards 0.9207. After that, the instrument may form a new descending structure with the target at 0.9134.AUDUSD, Australian Dollar vs US DollarAUDUSD is…

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