The ruble has no chance against strong dollar yet

The ruble shows very interesting dynamics. Despite the USDRUB formed downside candlesticks in a row for the last 3 days, the currency pair is still in upside channel.

It means that the bulls are rather active in the ruble, however the economic situation is stronger than their intention.

Until the dollar in its best conditions on the market, USDRUB won’t return to downside trend.