USDRUB testing 100,000 level

The Russian ruble fell to its historic low of 154,350 last Monday. After that, we have the withdrawal or consolidation of the previous bullish impulse. Pair USDRUB fell to a two-week low of 94,000 yesterday and is in consolidation above 100,000 today. If from this consolidation, the pair climbs above 105,000, then we can expect to continue all the way to the upper trend line in the zone around 115,000-120,000. The moving averages of the MA20 and MA50 are on the bullish side, and the MA200 is waiting for us in the upper trend line. A break above 120,000 and MA200 could be a sign that we are continuing on the bullish side. We need a withdrawal below 100,000 levels for the bearish option, and then our first support is at 90,000. If the bearish pressure continues, then we can expect the return of the USDRUB in the period before the Ukrainian crisis.