Currently rub price is under great pressure as geopolitical and economic circumstances taking place.
Big rally that is fueled by stock market partisipants fears has continued is the second half of July and brought us to 79.9 level
RSI and EMA are broken. However, if take a look on daily chart there is still bullish trend with main support on 76.5 area. If it is broken by strong move or consistent uptrend I believe in pullback. Otherwise, this price area is the best to buy dollar and other leading currencies as USDRUB, EURRUB, CNYRUB and CHFRUB correlating a lot this year.
Big rally that is fueled by stock market partisipants fears has continued is the second half of July and brought us to 79.9 level
RSI and EMA are broken. However, if take a look on daily chart there is still bullish trend with main support on 76.5 area. If it is broken by strong move or consistent uptrend I believe in pullback. Otherwise, this price area is the best to buy dollar and other leading currencies as USDRUB, EURRUB, CNYRUB and CHFRUB correlating a lot this year.
註釋
According to technical analysis the following dates are possible target dates11-13 oct
22-24 oct
14-16 oct
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