USD/RUB Momentum turns to the North

MACD line in the daily chart of the USD/RUB was cut from the bottom to the top and generated a buy signal.

For the trend follower that means that you are closing Short positions, and may be buying to open positions after the MACD indicating a positive Momentum. The oscillator could rise for the last Time three weeks ago about the zero line. This is also the reason why you should give otherwise meaningless event his full attention.

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