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Russian Ruble is on the Rise!

31804 russian ruble is on the rise

Good day,The price of the USD/RUB broke the downtrend. However, the asset’s price might also pull back and target the 78 level soon.Should the currency pair manage to break the range and pull back to the broken downtrend, the asset might target the supporting level of 73.35.The price of gold is likely to target the weekly downtrend denoted by the blue line on the chart and test the level of 1845.00.Brent oil is heading up. This asset is about to face the resistance at the level of 96.00, pull back, and drop till the supporting level of 86.70. The pullback might correct the main trend, but let’s wait and see what’s going to happen next.

Source: Tickmill

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