Fri, 12 May 2017 08:41:42 GMT
USD/RUB 1h Chart: Double Bottom
The USD/RUB is set for a rebound, as it recently established a double bottom pattern. The pair has already shown some signs of recovery, with the question now being whether the exchange rate can climb over the neckline, which is bolstered by the 20 and the 200-hour SMAs, as well as the daily R1. Unless the Buck fails to appreciate,