FX_IDC:EURRUB   Euro / Russian Ruble
156 2 5
The pair is correlated with oil             , think a pull back of the oil             price in area 44/45 $ will move the pair in 76.00/77.00 area.
The trend continue to be in favor of the Ruble             , thanks to the medium term target of oil             .

Related Ideas

First target @ 70.85 was reached on 24 June
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
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