My previous idea showed the strength of the RUB. I watched it closely and the very tight range and a lot of see-saw moves on USDRUB daily chart changed my mind. I think we are not going to go much lower. I would quit short and book profit. Updated view shows the corrective structure upside with the large C pending. Target for C highlighted in a white rectangle with range between 50 and 78.6% Fibonacci retracement.
No.
no change in the trend. Dollar is still falling for 9 months. falling lower and lower. How many people tried to predict the turnaround at 65..63.62...etc nothing works. Oil will shoot up to the moon and RUB is at 50 by Spring 2017 to end this BS.
nbn007
⋅
not bad:))
aibek
⋅
Thanks, just at the beginning!
AlbCM
⋅
looks like it's set its year lows already on Oct 3.
aibek
⋅
Hi AlbCM! We should wait for breakout to the upside first.