Mar 23, 2015

Forex Technical Analysis 23.03.2015 USD RUB

FXTM Online Analysis Department.




USD RUB, “US Dollar vs Russian Ruble”

As we can see at the daily chart, Ruble is still under pressure and continues falling. The target of this wave (which now may be considered as the first wave of the current

 descending movement) is at level of 44.00. If the price forms a continuation pattern, the downtrend will continue towards the next target at level of 50.00.

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