fract

USD / RUB Fibonacci Channel

fract Diupdate   
FX_IDC:USDRUB   Dollar A.S. / Ruble Rusia
Twenty-year channel of continuous Support and Resistance price levels.
Cold colors = Demand
Hot colors = Supply

Current Price is around 0.618 of the Fib Channel.
We can see how market reacted after getting close to Golden Ratio.
However, if oil stays expensive for a year above $68 a barrel, that might pull USDRUB down to a deeper demand areas.

Komentar:
If you're in Russia keep buying dollars all the time.
Komentar:
Approaching suppy levels
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