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Forex Technical Analysis Forecast 28.09.2021

EURUSD, Euro vs US DollarAfter completing the descending structure at 1.1684 along with the correction towards 1.1709, EURUSD has formed a new consolidation range around 1.1704. Possibly, today the pair may start a new decline to break 1.1684 and then continue falling with the target at 1.1660.GBPUSD, Great Britain Pound vs US DollarGBPUSD is still consolidating above 1.3666. Today, the pair may fall to reach this level. After breaking the range to the downside, the instrument may form a new descending structure with the shortterm target at 1.3604.USDRUB, US Dollar vs Russian RubleUSDRUB is falling towards 72.37 and may later start a new correction to reach 72.70. Later, the market may start another decline to break 72.30 and then continue trading downwards with the target at 72.00.USDJPY, US Dollar vs Japanese YenUSDJPY is still moving upwards. Possibly, today the pair may reach 111.28 and then form a new descending structure with the target at 110.10.USDCHF, US Dollar vs Swiss FrancUSDCHF is consolidating around 0.9267. Possibly, the pair may expand the range down to 0.9246. Later, the market may start a new growth to break 0.9290 and then and continue trading within the uptrend with the target at 0.9330.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the ascending structure at 0.7298; right now, it is consolidating there. If later the price breaks this range to the upside, the market may extend this structure up to 0.7363; if to the downside resume trading…

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