USD/RUB Is Ready to Jump!

USD/RUB Is Ready to Jump!

Good day,

The price of currency pair USD/RUB is approaching the uptrend, therefore this asset could potentially make a jump soon.

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Stock index S&P500 is testing 3396.80 horizontal level, therefore it might drop soon. Of course, the asset might also test the broken weekly uptrend somewhere next to the 3500.00 horizontal level and then drop. But, let’s wait and see what happens next.

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The price of Euro has repeatedly approached the uptrend. The asset could potentially jump, but it could also break through the trend through and drop.

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Let us remind you that this material is provided for informative purposes only and cannot be considered as a direct go ahead to implement transactions in the financial markets. Trading in the financial markets is very risky.

Credit: Tickmill

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