USDRUB: Short on the 1D Death Cross.

2019-11-08 19:38:49

The pair is trading within a long term 1M Channel Down (RSI = 50.809, MACD = 0.186, Highs/Lows = -0.2688). A Golden Cross formation has emerged this week on the 1D chart and since we are in the middle of the Channel we take this as a sell call. Our Target Zone is 62.000 - 61.350.






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