No change of views for last few weeks.
It is a quiet currecy pair for now, and it has received support from the strength in RUB, which was unexpected. I believed maximum 100 correction but now its even pre-war area... strange indeed.
The crisis is far from over and financially RUB should be affected, and this will drag currencies like TRY and PLN etc. So fow now seeing move higher short-term to 15.50-16.50 before the major correction will set in, which is expected to be somewhere 10.50-9.00
It is a quiet currecy pair for now, and it has received support from the strength in RUB, which was unexpected. I believed maximum 100 correction but now its even pre-war area... strange indeed.
The crisis is far from over and financially RUB should be affected, and this will drag currencies like TRY and PLN etc. So fow now seeing move higher short-term to 15.50-16.50 before the major correction will set in, which is expected to be somewhere 10.50-9.00