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Forex Technical Analysis & Forecast 07.12.2022

From robomarkets.com

The currency pair completed an impulse of decline to 1.0460. Today a consolidation range is forming around this level. An escape downwards and further decline to 1.0388 is expected. After this level is reached, growth to 1.0460 may begin. {chart}The currency pair continues developing a wave of decline to 1.2095. After this level is reached, growth to 1.2205 should begin, followed by a decline to 1.2066. {chart} The currency pair continues growing to 137.85. After this level is reached, we expect a decline to 135.75, from where the trend might continue to 134.10. {chart} The currency pair continues developing the wave ... (full story)

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