MACRO VIEW: USDRUB UPDATE: BREAKOUT FROM THE RANGE
After the WTI Oil has confirmed its breakdown from its relevant range, USDRUB reacted accordingly - by breaking out from its range it has been in since September.
Price is now above both 1-year and 1-quater distribution, trading above upper 1st standard deviations from 1-year and 1-quarter mean - signaling more upside probability.
Price is now above both 1-year and 1-quater distribution, trading above upper 1st standard deviations from 1-year and 1-quarter mean - signaling more upside probability.
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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.