USD/RUB Keeps Targeting the Level of 80!
Good day,
The Russian ruble should drop till the psychological level of 77.00 and uptrend, and then target the level of 80.00. The level of 77.00 has already supported the asset’s price many times in a row.
The USD/CAD pair went under the level of 1.3260 just to get back to it. Currently, this asset should pull from this level and gradually drop till the level of about 1.3015.
Oil is expected to touch the level of 40.00 and jump, targeting the level of 46. In principle, oil is in a certain range now, and it is only a matter of time until the asset touches its boundaries.
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Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 75% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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