The US Dollar vs. the Russian Ruble pair is representing the two contradicting and rival economies and political systems in the world. This pair is very sensitive to the crude oil volatility as the Russian economy depends on the petroleum market greatly. The US Dollar, which is the most traded currency in the world, is considered to be very stable and safe in this pair.
Rubble pairs are one of my favorite to trade.
These pairs tend to like textbook formations.
This is a long-term view on this pair for those, who would like to hold a position for a longer period.
I wouldn't say buy now, but wait for confirmation. If a Daily candle will close on the break out below the triangle, then forget this idea. But if we will be seeing the ...
