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Has the ruble taken aim at level 80?

Good day!

The Russian ruble broke through the 76.97 level and closed Friday with a white candle, indicating the possibility of further growth. If we focus on the broken range plus the current volatility, the “psychological” level of 80.00 is a rather attractive target for the USD / RUB pair:

For the EUR / USD pair, the price continues its upward movement and is very close to the broken horizontal 1.2000. Although a downward rebound can also occur from a broken uptrend, that is, slightly below our resistance:

Has the ruble taken aim at level 80?

Oil is “trampling down” the 62.50 level, trying to gather strength. Basic scenario – growth of quotes from the specified horizontal. Potential upside rates – $ 70 per barrel price:

Has the ruble taken aim at level 80?

Oleg Svirgun,
analyst at Tickmill brokerage company

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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