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After a consolidation the trend will be continuing?

Long
U.S. Dollar / Russian Ruble (FX_IDC:USDRUB)  
MoodandMarkets  
FX_IDC:USDRUB   U.S. Dollar / Russian Ruble
Trend Analysis Elliott Wave Fibonacci Retracement
10
0
trendanalysis elliottwaves fibonacciretracement
A three-wave correction is near its end around the .618 Fibonacci retracement. If the falling red channel middle zone will be a support and it will be broken upward then the rising trend revives and in the next impulse wave, the USDRUB could reach the psychological level at 100. It sounds bad for Rubel, but it is a valid view while the price is above 64.40 -61 zone.

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