Disliked{quote} I am interested to see the end of the week. In my mind there are a lot of variables that play important roles and will dictate the situation. At the moment the picture is not clear. First, USD Index run to 95.50 but came back and now it is at old resistance, now support 95.20. As it has been pointed in another thread there are reasons to believe that this was the upper boundary in the channel and if it fails there that could bring USD index down to 92. Secondly, oil went down to my support levels at 46.80s with an extension to 60s and is...Ignored
I attach the chart with USD/RUB and Crude oil overlay. As we see. The last two days correlation came back.
As you see over time it pretty much looks like an mirror
Trading in the shadow of SM