USD / RUB Fibonacci Channel
Twenty-year channel of continuous Support and Resistance price levels.
Cold colors = Demand
Hot colors = Supply
Current Price is around 0.618 of the Fib Channel.
We can see how market reacted after getting close to Golden Ratio.
However, if oil stays expensive for a year above $68 a barrel, that might pull USDRUB down to a deeper demand areas.
Cold colors = Demand
Hot colors = Supply
Current Price is around 0.618 of the Fib Channel.
We can see how market reacted after getting close to Golden Ratio.
However, if oil stays expensive for a year above $68 a barrel, that might pull USDRUB down to a deeper demand areas.
Commentaire:
If you're in Russia keep buying dollars all the time.
Commentaire:
Approaching suppy levels