USDRUB at support zone

The pair fell to a low of 75,600 on March 31, after which it moves this week in the range of 80,000-86,000. We are currently at 83,950, and we can say that the USDRUB is stable for now after a stormy March. Now we are back in the pre-war zone of movement in Ukraine. At the current level, we can expect the pair to continue towards 90,000 and make a new turn to the bullish side. For the bullish option, we need USDURB growth above 90,000, and then we would get support in MA20 and MA50 moving averages. Our next bullish target is the zone at 100,000, and the additional resistance at that level is in the MA200 moving average. A break above would boost bullish optimism. We need a new drag below 80,000 levels for the bearish option, and our first potential support is at 70,000 levels. In the range of 70,000-80,000, the pair moved during 2020 and 2021.