JFD_Research

EURRUB - 240 - Wait for it

FX_IDC:EURRUB   Euro / Russian Ruble
Trade Alert

The pair is balancing just slightly above its, we can say tentative, upwards moving trendline , taken from the low of the 6th of August.
We remain cautious for now. We need to see either a close below that line, in order to start examining lower levels again. Or, if EURUB decides to bounce and close above 80.29, this could be a bullish sign, where the pair could then travel back up towards the recent highs near the 81.9400 zone.

Don't forget your SL.
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