In the daily time frame, the Russian ruble broke the triangle and touched the level of 65.50. The asset’s price may pull back to the level of 64.50, where the uptrend also is. The asset’s price has already tested this uptrend for many times in a row. In the crossing point of this uptrend and supporting level the currency pair can jump:
The American index S&P500 quickly pulled from the achieved historical maximums and touched the uptrend. The asset’s price has gained the support therefore it is slowly heading up:
Zooming in the chart, we see that the asset’s price has formed expanding formation that can potentially signify the reversal of current trend or beginning correction, which is most likely to happen. The asset’s price will likely pull back from the broken lower line of the figure. Although we should rely on the candlestick patterns as things might change next to the horizontal levels:
The price of Euro remains at the level of 1.0879. The level will only get broken or the asset will pull back when the price will close with three candles or below the level. Although tomorrow’s trading day may close with a black candle, which might signify the potential pullback. It may also close with a white candle, which might signify the potential jump in the prices:
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