peterbokma

USDRUB- SELL ++++ but stay away from it

Short
FOREXCOM:USDRUB   U.S. Dollar / Russian Ruble
One can clearly observe the effects of the sanctions and further actions being taken. this makes the attack on the currency a wild one and very unpredictable. I am only just showing the chart and am advising anyone to stay out of this one. DO NOT TRADE IT.

Technically it is overdone, but fundamentally we can go beyond things we never have imagined. OIL is a clear example going negative for example.

The range of USDRUB can be $ 100-200 and direction is UP BIG TIME, but with quick corrections in between. One could see a move back to $ 100 and go $ 180 after. who knows... for me I wish for the war to stop and let people live a peaceful life.

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