I am not promoting to trade this one, but for analysis purposes why not.
The fundamental key is an end to the horrible situation of Ukraine. This may then slowly dampen the weakness of RUB, which is expected to remain for some time.
In terms of technical picture, its way overbought and we should see move lower back to $ 100 before upward trend again. So guess for those that trade it, SELL current is likely the way to go. DO NOTE ANYTHING CAN HAPPEN nd its not advised to trade it.
The fundamental key is an end to the horrible situation of Ukraine. This may then slowly dampen the weakness of RUB, which is expected to remain for some time.
In terms of technical picture, its way overbought and we should see move lower back to $ 100 before upward trend again. So guess for those that trade it, SELL current is likely the way to go. DO NOTE ANYTHING CAN HAPPEN nd its not advised to trade it.