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InvestingScope

USDRUB: Short on the 1D Death Cross.

Short
U.S. Dollar / Russian Ruble (FX_IDC:USDRUB)  
InvestingScope  
FX_IDC:USDRUB   U.S. Dollar / Russian Ruble
Trend Analysis Chart Patterns Technical Indicators USDRUB USD rub DJ FXCM Index dollar russianruble Forex Currencies currency
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trendanalysis chartpattern indicator usdrub usd rub usdollar dollar russianruble forex currencies currency
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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