vskhvan

vskhvan

The resistance line, MACD and RSI signal about the possible change of the short-term trend.

vskhvan

The third impulse wave has taken its start as i see it. The divergence of MACD and the chart is marked by green and yellow circles.

vskhvan

The prices get close to the support line, go to correction and check the level again. Then it goes below by 1.09% and repeats the same thing. Now it's in the correction phase. I am not sure yet about how high it will get, may be the resistance line as it happened with the "purple cycle". Then i expect the prices dip to 111.300 and hit the yellow circles.

vskhvan

May seem obvious but anyway worth being the first idea published) USDRUB is on its 5th wave of the impulse phase (the blue one), which can be structured as a smaller 5-wave impulse phase (the red one). If considering these smaller waves, the next is a short correction wave #4. I expect a 3-wave correction by boucing back from the support line near 60.30 point...