The last two days, the pair moving in the range of 115,000-140.00, we are now testing the lower support zone. The Russian ruble is slowly stabilizing, and this pressure could make a break below this support zone and send us to the next support zone, 100,000-105,000.
The MA20 and MA50 are now on the bearish side, while our MA 200 is in the zone of around 110,000, where we can expect the first potential support. Greater psychological support is at 100,000 levels.
If we are waiting for the bullish option, we need a new positive consolidation and at least a jump above 130,000 in order to expect the pair to continue towards the 140,000 resistance zone. After that, our target is 154,200 historically high, and if the crisis continues around what is happening in Ukraine, we can easily see the formation of a new historical maximum.
The MA20 and MA50 are now on the bearish side, while our MA 200 is in the zone of around 110,000, where we can expect the first potential support. Greater psychological support is at 100,000 levels.
If we are waiting for the bullish option, we need a new positive consolidation and at least a jump above 130,000 in order to expect the pair to continue towards the 140,000 resistance zone. After that, our target is 154,200 historically high, and if the crisis continues around what is happening in Ukraine, we can easily see the formation of a new historical maximum.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
www.FinanceBrokerage.com
t.me/NFT_crypto_news_trading_signals
www.FinanceBrokerage.com
t.me/NFT_crypto_news_trading_signals