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U.S. Dollar / Russian Ruble
Long
Updated

RUBLE/ROUBLE troubles

375
The rouble has seen weakness since the recent Syria debacle, and this weakness looks to continue longterm as shown below. But as for now, here is a shorter term outlook with a great risk/reward ratio trade.

Below is a rough longterm forecast/scenario:

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LONGTERM RUBLE OUTLOOK:

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A closer look into current developments

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upon inspecting the price action on the ruble index, we there are some hints that we may see some upside before the longer-term decline continues.

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might be time for a consolidation
pato
Chart PatternsroublesanctionsTrend AnalysisUSDRUBvalarcciWave Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsroublesanctionsTrend AnalysisUSDRUBvalarcciWave Analysis
pato

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.