AndyM
Long

USDRUB to resume uptrend soon

MOEX:USDRUB   USD/RUB FIXING RATE
142 0 3
The triangular shape of the correction made me worry a bit, but when I looked inside I saw an ABC with a flat correction in B, which means the trend has a good chance to grind a lot higher. I assume we have nearly completed the correction, and possibly after the payrolls tomorrow the free fall in Crude will resume, which will drive USDRUB             up to the new highs.
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