Ruble Might Test the Level of 72 Soon

Good day,
The USD/RUB pair tried to jump to no avail. The asset should test the support around the level of 72.00 first and possibly jump.

The EUR/USD pair is touching the level of 1.1704 and forming the dojis, signifying the potential price reversal. Hence, the asset’s price is likely to target the level of 1.1900 soon.

The price of the British pound is currently touching the lower side of a symmetrical triangle and forming the dojis as well. However, the asset might jump and target the opposite side of this triangle.

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.
Futures and Options: Trading futures and options on margin carries a high degree of risk and may result in losses exceeding your initial investment. These products are not suitable for all investors. Ensure you fully understand the risks and take appropriate care to manage your risk.