The Ukraine situation has placed pressure on USDRUB and may also start affecting other weaker currencies like TRY.
The stochastic is negative and we are well protected at 13.98 and 14.23.
For now am remaining neutral, but medium- to long-term seller at current 13.50-13.75 and 14.50 - 16.00 and higher. the monthly chart has had no real correction as yet, and I feel confident we will see 10.50 - 9.00. In between waters are unclear.
The stochastic is negative and we are well protected at 13.98 and 14.23.
For now am remaining neutral, but medium- to long-term seller at current 13.50-13.75 and 14.50 - 16.00 and higher. the monthly chart has had no real correction as yet, and I feel confident we will see 10.50 - 9.00. In between waters are unclear.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.