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Forex Technical Analysis Forecast 28.07.2021

EURUSD, Euro vs US DollarEURUSD has broken 1.1800 to the upside. Possibly, today the pair may continue the correction up to 1.1850 and then resume trading downwards to break 1.1770. After that, the instrument may continue falling within the downtrend with the target at 1.1600.GBPUSD, Great Britain Pound vs US DollarGBPUSD has finished another ascending correctional structure at 1.3877 from below. Possibly, the pair may form a new descending structure to test 1.3722 from above and then start another growth towards 1.3890 to complete the correction. Later, the market may resume trading downwards with the target at 1.3570.USDRUB, US Dollar vs Russian RubleUSDRUB is still consolidating below 73.45. Today, the pair may break this level and then continue trading downwards with the target at 72.72.USDJPY, US Dollar vs Japanese YenAfter completing the descending wave at 110.00 and then forming a new consolidation range around this level, USDJPY has broken it to the downside. Possibly, today the pair may expend this wave down to 109.40 and then start a new correction to return to 110.00.USDCHF, US Dollar vs Swiss FrancAfter forming a new consolidation range around 0.9170 and breaking it to the downside, USDCHF is expected to continue the correction towards 0.9109. Later, the market may form one more ascending structure to break 0.9200 and then continue trading within the uptrend with the target at 0.9300.AUDUSD, Australian Dollar vs US DollarAUDUSD is still consolidating below…

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