USDRUB TECHNICAL ANALYSIS
USD/RUB pair continued to move northward, with the ruble giving up another 2.29% to close Friday at RUB 59.6168. The pair closed the previous week at RUB 58.2805
Breaking record stands at 36 took place this year with heavy cycles
If we look at the graph we can see the pattern leads to the goal of Area 51
The last trading week volatility soared, the ruble has come almost to the level of 80
Currently it is assumed that the area will be saved as a 50 target
For those who looking for trades:
Buying on a break through 62 may give the required entry
Sell breaking zone 57 will give option to the target of 50-53
This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice
Breaking record stands at 36 took place this year with heavy cycles
If we look at the graph we can see the pattern leads to the goal of Area 51
The last trading week volatility soared, the ruble has come almost to the level of 80
Currently it is assumed that the area will be saved as a 50 target
For those who looking for trades:
Buying on a break through 62 may give the required entry
Sell breaking zone 57 will give option to the target of 50-53
This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice
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