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USDRUB on the line MA200 H4 time frame

FX_IDC:USDRUB   U.S. Dollar / Russian Ruble
Today, USDRUB is consolidating in the range of 95,000-100,000 on the MA200 moving average. Yesterday, the Russian president stated that all countries that imposed sanctions on Russia will pay their obligations for the gas and other energy sources in Russian rubles. This strengthened the Russian ruble because it was in the range of 105,000-110,000 yesterday. We need a new bullish impulse for the bullish option that would raise the USDRUB pair above 110,000. Then we would get support in MA20 and MA50 moving averages. The next major target and resistance zone is at 120,000. We need a break below the MA200 moving average for the bearish option, and we are looking for support in the zone around 90,000. If bearish pressure continues, we are looking for the next potential support in the zone of around 80,000.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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