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eyeseeart
Aug 7, 2023 6:11 AM

USD/RUB Short

U.S. DOLLAR / RUSSIAN RUBLEICE

Description

FX_IDC:USDRUB Price is at a significant resistance zone. Currently, price is overbought and should have a pullback regardless. This will either retest the support line, continue up, or make its way back down to the bottom of the ascending triangle. From there we will see if price breaks, retests, and continues downwards to the next daily support zone or bounces back up. That prediction can only be made after we price reacts from it's current position.
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