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USD/RUB focus on 64.34/62.34 – BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Researchers at BBH have noted the relevance of the 64.34/62.34 band in USD/RUB.

    Key Quotes

    USD/RUB has retraced nearly three quarter of the October-January rise”.

    “Break below the November 20 low near 64.34 and then the November 3 low near 62.34 would set up a test of the October 16 low near 60.59. The 200-day MA comes in near 67.80”.
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