Ruble Where You Going ?

24 févr. 2022

Hi traders:

With the tension between Russia and Ukraine, we can expect the market to be volatile and moving during an uncertainly time.

As we know, USD is a safe haven currency, and here on USDRUB, we can see clear bullish price action on the bigger time frames.

With many bullish impulse phases follow by bullish continuations, price is getting push up to all time highs.

This is where usually price will consolidate, and potential to continue or reverse back down.

For me, my personal options is leaning more upside and continuation up move.

What we should wait for is some sort of bullish continuation correction on the lower time frames, to confirm the upside move.

With the situation between the two countries may get worse, USDRUB could on route to a new highs.

thank you

1 mars 2022

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