On the 1-hour chart of the USD/RUB the MACD reaching an extreme Low.
The last downward movement of the USD/RUB was associated with an above-average distance between the MACD and its signal line. From a strategic point of view, further declines are to endure pain just with the belly, so that recovery rallies are possible. The last MACD reading shows already a counter-movement, so that this speaks in favor of the second scenario.
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