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66.5 - our pivot point .

Our view : the rebound in the direction of 66.5 before restoring sinks.

Alternative scenario : breakout at 66.5, USD/RUB could reach 68.9 and 70.4.

Comment : the RSI is above level 50. MACD above its signal line and positive. In addition, the exchange rate is below its 50-day moving average (64.7141) but above its 20 moving average (63.3277).

The levels of support and resistance :
70.4 **
68.9 *
66.5 **
65.5
64.5515 (closing price)
61.6
60.2 **
58.7 *
57.3 **

Comments

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