10 December, 2019

The ruble need strong support to break 62

Vladimir Ivanov
EN

USDRUB again assaults strong support level around $63.4 after a sharp increase by almost a ruble. It is the third try of the bears to breakdown the level, after which there may open an opportunity to reach 62 or lower levels. But it is important to wait for price consolidation because the ruble has no fundamentally strong support.

USDRUB price chart
USDRUB price chart

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