- High oil prices might push USDRUB lower in the short-term.
- So the price can head towards blue area, where it will reverse!
- Because oil market needs stability in order to make Ruble appreciate significantly against Dollar.
- Dollar index has been in downtrend for a year. The following stimulus package will push USD into the lowest but reversal level.
- Therefore, It's better to accumulate periodically USDRUB on every drop, because the general direction is always headed upwards.
Comment:
Some other fractal to justify the scenario.
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