USDRUB updated chart target remains 85.90

Apr 3, 2020

I updated the chart as structure changed from earlier pattern (see related).
Double three W-X-Y extended the consolidation.
I think crude oil (see related) will dip again so its natural that USDRUB will move higher for ruble weakness.

Apr 8, 2020

Note

The pair dipped as planned and we reached blue box area where Y=1-1.272 of W

The reversal is soon

Apr 16, 2020

Note

update

May 5, 2020

Note

Updated map here