Ruble Approached the Key Levels. What’s Next?
Good day,
The price of the Russian ruble has entered the supporting zone formed between the levels 71.50 and 72.00. The asset’s price is expected to jump from the current levels. Should the Russian ruble manages to break the support and drop, things will probably go the other way around.
The EUR/USD pair is heading down. It might correct and drop even further. So, it would be wise to keep an eye on the downtrend and the resistance level of 1.1704, which might support descending trend.
After recent rally, oil remains flat. It is likely to pull from the broken level of 77.42 soon.
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