The market has been slow the past few days ahead of the Independence Day, so no breakout happened neither in CAD, nor in RUR or Crude. Here's the updated wave count for RUR: it's is running one extra subdivision in w5 down, and I would assume this will be the final one before a bounce. I do continue to believe that we are dealing with a 1.5 year flat correction...
It seems that we'll see reversal point at USDRUB soon and beginning of a new uptrend. Expected oil downward correction will serve as a further confirmation for that idea.
On Thursday, USD/JPY bounced off of the first lower Bollinger Band (1st standard deviation) confirming downtrend after recovery from Brexit. Provides an opportunity to join the downtrend. Over last month, USD/JPY has been in downtrend channel between 1st and 2nd standard deviation lower bollinger bands, and may continue in that channel for an extended period of time.
look at my other idea for the bigger outlook on the monthly chart
I think, that it's a little bit early for saying that main downtrend was broken. As well as I remember, there were about 3 times of false downtrend breakout in USDRUB_TOM. Fundamental reason for this expected breakout will be change of trend in BRENT OIL. And BTW, Brent is still in ascending price channel. Waiting confirmation from big money...
Sell bearish signals in resistance zone. And start seeking for long opportunities...