Russian Ruble Forecast: Potential Drop Ahead!
Good day,
The russian ruble has touched the broken uptrend and pulled back, forming a bearish engulfing at the end of the trading day. The pair potentially could reverse and head South. All in all, this asset’s price might drop to the 72 level.
Oil has pulled from the 67.50 level and uptrend. However, oil is also stuck within range. The asset could potentially target the level of 76.00 and face the resistance, but it might update the yearly maximums as well.
The price of the EUR/USD has pulled from the supporting level of 1.1704, closing the trading day with a bullish engulfing pattern. It might signify the potential price growth till the level of about 1.1900.
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