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Forex Technical Analysis Forecast 28.02.2022

EURUSD, Euro vs US DollarAfter completing the correctional wave at 1.1270, EURUSD is forming a new descending impulse to reach 1.1060. Later, the market may resume trading upwards with the target at 1.1290.GBPUSD, Great Britain Pound vs US DollarHaving finished the correction at 1.3440, GBPUSD is falling towards 1.3260. After that, the instrument may correct to reach 1.3340 and then form a new descending structure with the shortterm target at 1.3155.USDRUB, US Dollar vs Russian RubleUSDRUB has formed a new consolidation range around 83.13. If later the price breaks this range to the downside, the market may resume falling towards 78.30; if to the upside form one more ascending structure with the target at 88.00.USDJPY, US Dollar vs Japanese YenUSDJPY is growing to reach 115.81 and may later start a new decline to break 115.10. After that, the instrument may continue trading downwards with the target at 114.40.USDCHF, US Dollar vs Swiss FrancUSDCHF is still consolidating around 0.9250. Today, the pair may resume trading upwards to reach 0.9296 and then start a new decline with the target at 0.9220.AUDUSD, Australian Dollar vs US DollarAUDUSD is forming a new descending impulse towards 0.7142. Possibly, the pair may break this level and continue falling with the target at 0.7050.BRENTAfter completing the correction at 95.60 along with another ascending impulse towards 101.00 and then forming a new consolidation range around the latter level, Brent has broken the range to…

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