Elliott wave Analysis: USDRUB is Looking Bearish

Hi traders,

USDRUB is trading nicely as expected already for a long time. You can check our full article from October 2019 HERE. Well, USDRUB is forming bearish setups all the time and also Head and shoulders patterns, so sooner or later we should see a break lower. However, corrections can be even more complex, so as long as it's trading below 69.93 invalidation area, we will remain bearish.

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USDRUB, 4h

usdrub, 4h