AndyM
Long

USDRUR quick update. Spiking further, then down to 50s mid 2016.

MOEX:USDRUB   USD/RUB FIXING RATE
275 3 9
Those who live in the RUR             world and trade in dollars will have a good opportunity to stock up some RURs during the last week of this year because the rouble will be quite cheap, and it will become more expensive later, so those of you who pay taxes in RUR             , it could be a good idea to get a few RURs upfront, put them in a bank at a few % interest for half a year, thereby optimizing you effective tax rate for 2015.
why the target is 50?
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it's near the end of the previous 4th wave, this is an EW guideline.
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I'm suprused how well RUB performed this year vs other oil currencies. Consider CADRUB for example
snapshot

Each new low in Brent was accompanied by a lower high in CADRUB. It's like RUB is getting more resilient over time.
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