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Forex Technical Analysis Forecast 29.11.2021

EURUSD, Euro vs US DollarAfter completing the correctional wave at 1.1321, EURUSD is forming a new descending structure towards 1.1247. Later, the market may start another growth to reach 1.1288 and then resume trading downwards with the target at 1.1170.GBPUSD, Great Britain Pound vs US DollarGBPUSD has finished the correction at 1.3356. Possibly, today the pair may start a new decline to break 1.3294 and then continue trading downwards with the target at 1.3239.USDRUB, US Dollar vs Russian RubleUSDRUB is still consolidating below 75.90. Today, the pair may fall to reach 74.33 and then grow towards 75.10. After that, the instrument may resume trading downwards to break 73.33 and then continue falling with the target at 72.72.USDJPY, US Dollar vs Japanese YenUSDJPY has finished the descending wave at 113.05. Possibly, the pair may start a new growth with the target at 114.22 and then resume falling to reach 113.58.USDCHF, US Dollar vs Swiss FrancAfter completing the correction at 0.9216, USDCHF is expected to grow and reach 0.9316. Later, the market may start another decline with the target at 0.9270.AUDUSD, Australian Dollar vs US DollarAUDUSD has formed a new consolidation range around 0.7130. If later the price breaks this range to the downside, the market may resume trading downwards to reach 0.7106; if to the upside start a new correction with the target at 0.7190.BRENTAfter finishing the descending structure at 71.44, Brent is growing towards 77.05 and may later…

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