Killy_Mel
Short

MACRO VIEW: USDRUB IS TESTING ITS UPTREND!

FX_IDC:USDRUB   US DOLLAR / RUSSIAN RUBLE
Following WTI OIL             downtrend failure last Friday, USDRUB             tagging its relevant uptrend border first time since it started its descend back in July, marked by lower 1st standard deviation from quarterly (66-day) mean (@65).

If the price manages to break below the border, chances are the uptrend is over (or at least current leg of it).

Full stop of the uptrend, however, can only be declared when the price trades above the quarterly mean (@59).
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