ProFX_Strategist

Limited Downside Left - Before A Reversal...

FX_IDC:USDRUB   US DOLLAR / RUSSIAN RUBLE
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It is highly likely that oil             is on a fake/temporal up-rally (which could be going to end anytime soon in the near future)... Then oil             will start to resume it's downwards trend into newer lows...

The USD is also very likely set to gain some additional strengths in the upcoming future...

These factors will put an end to the recent down-trending for this pair, & bring it to a reversal (which could be strong)...

As of now; oil             is still trying to complete it's up-rally (it may still have some limited upsides to go - Oil             has not starting to go down yet as of now)...

The strength of the RUB is highly influenced by the price of oil             ...
Aiming to be a "marksman" in scalping & "speculation". As retail traders, we are just "speculating" these markets-volatility in our retail-trading-platforms (E.g. we do not physically owned 100-Lots of Gold nor is storing a thousand-barrels of crude oil)
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