MOEX:USDRUB_TOM   미국달러 / 러시아루블 TOM
Additionally to the currently evolving “possible ending diagonal in a leading wave one of the fifth of an upper diagonal” there are 5 gaps above to cross:
• 70.565;
• 71.455;
• 78.34;
• 75.2;
• 82.63,
5 nearest upper resistances:
• 1st resistance line is to retest at 69 and a couple kopeks;
• 2nd resistance line to cross at 69.5-70.80;
• The previous top - 70.6;
• 70.78 - 50% fib from 86.0 to 55.5575;
• 74.37 - 61.8% fib will be the next AWAITED target,
And some 5 fundamentals are being speculated:
• The Finance Ministry resumes to pump USD from the exchange market.
• It seems that the Russian central bank through the swaps participates in current devaluation of RUR.
• The one has just stress tested banks for a possible sharp RUR devaluation.
• The drop of oil prices narrows the margin to fund the extra expensive offshore military activities.
• The sanctions restart is ahead.
Merry Christmas! Happy New Year! Merry Orthodox Christmas! Happy Orthodox New Year!!
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