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USD/RUB is getting bumpy

By : Mex Group

USD/RUB is getting bumpy

16 September 2016, 01:03

A high wave candle on the daily USD/RUB chart augurs that the upward power of this market is dissipating.

Closing the day below the 21-day simple moving average, this pair has thrown in a large bodied candlestick, with both upper and lower wicks summing up to a above average trading range.

Both buyers and sellers were defending the extremes, yet a neutral to bearish tone prevails.

AUD/NZD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
1.0259366432825 1.0265233119328 1.0269166628519 1.0278966824213 1.0284833510716 1.0288767019907

Trend IndexOB/OS Index
Bullish Neutral