JFD_Research

USDRUB - 240 - Continues to drift higher

FX_IDC:USDRUB   U.S. Dollar / Russian Ruble
Quick idea.

USDRUB had broken two downside lines - a short-term one and a medium-term one. Now, the pair continues to drift further north. Certainly, at some we may get a bit of a correction, but for now, we will continue targeting the long-term downside resistance line taken from the highest point of December 2018.

Please see the chart for details.

Don't forget your stop-loss.
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