I see Brent Crude lower (see related) therefore I think the USDRUB will move higher making a retracement.
How deep it will be is a guess depicted with the blue box between 75.50 and 77.20 so far.
How deep it will be is a guess depicted with the blue box between 75.50 and 77.20 so far.
Comment:
Oil dropped and USDRUB moved in expected directio now higher
Comment:
Update - it goes in line with expectation. We are in wave C of (X).
It could dip between 70.17 and 69.70 (small blue box) to complete the wave (X).
Then another rally in USDRUB is expected.
It could dip between 70.17 and 69.70 (small blue box) to complete the wave (X).
Then another rally in USDRUB is expected.
