USDRUB correction on short-term targets

9 thg 9, 2020

Hello friends!
Those who follow me know that I bought this tool for 69 more and advised me to buy it!

In current situations, I would like to express my opinion on the dollar against the ruble.

The price broke down the ascending channel with a retest at the hourly TF.
The main trend in the pair is an upward one, but the level of 73.5 is very strong and we may see a correction to it.
After this correction, I expect the growth to continue.

All these factors indicate a short-term correction of the ruble!


But if we look at the 4-hour chart of the USD / RUB currency pair, we have an ascending triangle formed inside the bowl and handle pattern.
Globally, we are seeing a perfect upward trend!
In my opinion, Big players buy massively, while not letting the ruble fly away much.

Druzya will not write you a news background here, because probably everyone knows about the situation!
That at the moment in the Russian Federation not everything is sweet with the economy and with political stability and with oil in general, all the media are talking about this!

I strongly advise against keeping savings in national currencies.

Write to PM only on specific issues (Thanks for your understanding)

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