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Forex Technical Analysis & Forecast 07.10.2021
After breaking 1.1585 to the downside and completing the descending wave at 1.1530, EURUSD has finished the ascending impulse towards 1.1555 along with the correction to reach 1.1540; right now, it is growing to break 1.1555. Later, the market may start another growth to reach 1.1583 and then form a new descending structure to return to 1.1555. chart GBPUSD has broken 1.3611 to the downside. Possibly, today the pair may continue trading downwards to reach 1.3535 and then form one more ascending structure with the target at 1.3660. chart USDRUB is still consolidating around 72.48. Today, the pair may break this ... (full story)