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Killy_Mel
Jul 21, 2015 9:56 PM

MACRO VIEW: USDRUB ON THE MOVE UPWARDS AGAIN Long

USDRUB_TOD - USD/RUBMOEX

Description

USDRUB is on the move again - price broke put above 1st standard deviation from quarterly (66-day) moving average on July 6th, signaling upwards probability.

The move comes in line with WTI Oil, which entered a downtrend recently (see related idea). RUB is very correlated to oil prices, as Russia's key exports are oil and natural gas.
Comments
godarME
Right on the spot ! Have seen it myself bought $ at 57.02 - too bad i got out at 58.7
Killy_Mel
nice job)
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