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Forex Technical Analysis Forecast 29.09.2021

EURUSD, Euro vs US DollarAfter completing another descending structure at 1.1674, EURUSD is forming a new consolidation range around 1.1680. Possibly, today the pair may break the range to the downside and start a new decline with the shortterm target at 1.1660. Later, the market may break this level and continue falling towards 1.1600.GBPUSD, Great Britain Pound vs US DollarAfter finishing the descending wave at 1.3600 and breaking this level to the downside, GBPUSD has reached 1.3540; right now, it is consolidating around the latter level and may yet resume trading downwards. If later the price breaks this range to the upside, the market may correct to test 1.3600 from below; if to the downside start a new decline with the shortterm target at 1.3460.USDRUB, US Dollar vs Russian RubleUSDRUB has completed the correction at 73.00. Today, the pair 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 has expanded its range up to 111.50. Possibly, today the pair may fall to reach 109.90 and then form one more ascending structure to test 111.25 from below.USDCHF, US Dollar vs Swiss FrancUSDCHF continues growing with the shortterm target at 0.9305. Later, the market may start a new correction to reach 0.9263.AUDUSD, Australian Dollar vs US DollarAUDUSD has completed the descending structure at 0.7225; right now, it is consolidating there. If later the price breaks this range to the upside,…

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