profilart

USDRUB 4H (temporary uptrend)

Long
MOEX:USDRUB_TOM   U.S. Dollar / Russian Ruble TOM
Same as EURUSD

The current uptrend is the continuation of wave (B) of (ABC), whereby wave B is rather complicated consisting of (wxy). Further on the pair will go down one more time to 73 prior to the major depreciation of the rubble.

So in general, the Russian rubble is not ready to devalue at this time and will start depreciation together with the major correction on all the markets which I presume to start at the end of May-June 2021 and will last till October 2021
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