MOEX:FXMM FINEX FUNDS PLC CASH UCITS ETF RUB HDG
FXMM continues growth after breaking 1220 resistance. It is building a 5-wave pattern unless it breaks below broken resistance point (dotted red). The can mark the start of the new uptrend that can last for several years and most likely complete wave 5 at 1.618 fib level(1301.09). A breakout above this level could see wave 6,7,8,9 push to the next Fib targets. The support zone 1114.4-1090 stays valid. We most likely will retest this levels if the pattern breaks. I will recommend to buy a break to the upside, with profit targets based on structure support.