USDRUB Updated and RevisedJust had the EUREKA moment with USDRUB. Was going to cover longs with a loss. But now I am going to suffer a little bit longer./
USDRUB trade ideas
USDRUB targeting 140..160The emerging markets sense bad things first. While the EUR and Pound are still being bought with both hands, USDRUB resumed its ascent to new highs.
The Euro-crosses have also begun their next leg down signaling that the rotation from the dollar into treasuries is coming to an end.
All of this is supposed to be part of the master plan that the market is laying out for H1'21: the main piece of it is the crash in Treasuries of course. A violent spike in yields will cause the crash in stocks and a powerful run into the Dollar and into the Yen.
USD/RUB I renewed the old idea on purchaseI decided not to create the new idea, and to renew old since the purposes remain same. SL on 73.09
Correction in 0.786 according to Fibonacci is executed, growth will continue perhaps further.
The provided information only educational also should not be used to take measures in the market.
USD/RUB long2Hi everyone!
As I wrote earlier, USD/RUB pair changed a trend to ascending, having punched a wedge up. The first idea on purchase fulfilled well. Now after correction the price should move up to the next strong resistance at about 77.40-77.80 again.
So, purchase from 74.90
TP = 77.39
SL = 73.79
Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.
