USD/RUB: Potential Jump Ahead

Good day,
Russian ruble has pulled from the level of 78 against careful decline of geopolitical tensions and increasing oil prices. USD/RUB has left the uptrend. The asset’s price is heading down and might gain the required support at the levels 73.35 and 71.50. Having gained the support at the level of 71.50, the asset’s price might pull and jump. However, it is worth waiting to see what happens once the asset has gained the support at the level of 73.35. It would be also wise to keep an eye on the candlestick formations and price movements next to the levels 73.35 and 71.50 as well.

The price of Euro got back to the broken range, forming a bullish trap. The asset is next to the trendline and the level of 1.1380 away from which it might potentially pull and head South.

The stock index S&P500 is currently next to the range between the resistance at the level of 4550.00 and the support at the level of 4260.00. The asset is likely to pull from the trendline and enter the range.
The price of stock index is trying to dive below the level of 4438.00. It might potentially signify the price drop till the level of 4260.00.

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