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JFD_Research
Jun 7, 2018 8:23 AM

EURRUB - Daily - Is Euro strength going to kick in here as well? 

EURO / RUSSIAN RUBLEICE

Description

Trade Alert

Judging by the current strength in the common currency, we could assume that this pair could follow the same lead. A break above the 73.05 could open the path towards the 74.05, a break of which, could place EURRUB above the upwards moving trendline. This could be seen as a bullish sign.
Alternatively, if the 73.05 level holds, then the pair could end up moving back down towards the 71.60 area.

Don't forget your SL.
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