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The indecisive ruble should already be decided – the levels are getting closer!


Good day!

The ruble actually came close to the support area formed between the levels 72.30-73.00. In principle, the support is quite strong, but quotes can go deeper, up to 72.30 and only then go up nicely. In general, it is worth focusing on the growth of quotations, but observe the behavior of prices in the support area:

The EUR / USD pair hit the uptrend, filling Friday with a long-legged doji. This may indicate that the quotes have a desire to grow beautifully. Basic scenario – growth of the pair when the market opens:

The indecisive ruble should already be decided - the levels are getting closer!

Oil again aimed at the horizontal at 71.30. Breakout or rebound from resistance – here it is worth looking at the price behavior when approaching the specified level. Although for now it is worth focusing on the rebound:

The indecisive ruble should already be decided - the levels are getting closer!

Oleg Svirgun,
analyst at Tickmill brokerage company
05/31/2021

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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