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olly48
Feb 24, 2021 12:49 PM

EUR/RUB Retrace Offers Long Opportunity Long

Euro / Russian RubleFOREX.com

Description

Already running a long on this since 89.000 but if not in the trade this retrace offers another chance to enter.

Price is now at 0.618 Fibonacci and this aligns with previous structure so if this rebounds from here it is a good long entry. Target remains 92.509 as in the previous post for this pair. SL can be just below 0.786 Fib
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