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Forex Technical Analysis Forecast 29.12.2021

EURUSD, Euro vs US DollarEURUSD has finished the descending wave at 1.1292 along with the ascending structure towards 1.1317. Possibly, the pair may fall to reach 1.1280 and then form one more ascending structure with the target at 1.1338.GBPUSD, Great Britain Pound vs US DollarAfter completing the ascending wave at 1.3457 along with the descending impulse towards 1.3414, GBPUSD has finished the correction to reach 1.3440. Today, the pair may form a new descending structure with the first target at 1.3368 and then start another correction towards 1.3415.USDRUB, US Dollar vs Russian RubleUSDRUB is still correcting towards 73.90. After that, the instrument may trade downwards to reach 72.82 and then start another correction towards 74.34. Later, the market may resume falling with the target at 71.71.USDJPY, US Dollar vs Japanese YenUSDJPY is correcting towards 114.59 and may later form one more ascending structure to reach 115.15. After that, the instrument may start another correction with the target at 114.14.USDCHF, US Dollar vs Swiss FrancUSDCHF is consolidating around 0.9180 without any specific direction. Today, the pair may expand the range down to 0.9145 and then resume growing towards 0.9220. After that, the instrument may break this level to the upside and form one more ascending structure with the target at 0.9260.AUDUSD, Australian Dollar vs US DollarAfter finishing the ascending wave at 0.7262 and then descending impulse towards 0.7216, AUDUSD is correcting to…

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