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USD/RUB hints at dip buying

By : Mex Group

USD/RUB hints at dip buying

13 September 2016, 20:02

The hourly 50-period SMA broke through the slower 200-period SMA, adding credence to the recent bullish USD/RUB profile.

If USD/RUB spot falls closer to the level where the moving averages crossed, then buyers might see it as an opportunity to reenter. Furthermore, a convincing break through the 50 SMA signals a neutral tone, shifting negative below the 200 SMA.

EUR/GBP 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
0.8496299783388 0.8503899772961 0.8515299956003 0.8534300128618 0.8541900118192 0.8553300301233

Trend IndexOB/OS Index
Bullish Extremely Overbought