The Russian Ruble Could Jump
The Russian currency remains next to the lower boundary of the supporting zone formed between the levels 65.55 and 65.43. Currently, the asset’s price formed engulfing next to the level of 65.43. This might mean that currency pair might jump soon, it could potentially even do so at tomorrow’s market opening. We assume that the currency pair could jump:
In the weekly chart, the rate of currency pair EUR/USD pulled from the broken downtrend and is currently trying to get back to it:
As it can be seen from the daily time frame, the asset’s rate is targeting the broken downtrend and might test it soon right next to the level of 1.0926:
The Canadian currency approached the support level of 1.3145 and pulled back from it, forming a bullish engulfing. Now, the currency pair should head up all the way till the level of 1.3340:
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