TradingForProfitPro

USDRUB D1

Long
The conflict situation between Russia and Ukraine is getting worse! The occupied territories came under heavy shelling last week. On Monday, Russian President Vladimir Putin recognized the independence of the occupied territories. After that, Russia received a new package of sanctions, in particular, it affected the banking system. The President of the United States also announced the disconnection of Russia from financial exchanges. The aggression of the Russian Federation will lead to tougher measures against Russia. Which will lead to the collapse of the national currency. Also, a possible drop in the price of oil, which is one of the main sources of income for Russia, will become a negative factor for the formation of the ruble against the first reserve currencies. P.S. I recommend the residents of Russia to buy currency or cryptocurrency. That will give you the opportunity to save your fiat assets and purchasing power!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.