2022-07-19

Ruble Done

The dollar looks ready for a breather versus the euro and yen, but how about the ruble which bucked the trend? It looks like a head-and-shoulders could be forming, inverse on USDRUB. I take this as a confimatory sign of oil topping.
A break targets to the upper $80s, but there is resistance up to USDRUB 85.

No comments:

Post a Comment