In this video update to a previous video I posted on selling USD/RUB, we look the Dollar getting weaken against the Ruble and a perfect time to enter a short sell-set up.
The Ruble has a number of factors supporting it's strength agaisnt the Dollar.
1.) Higher interest rates mean selling the currency pair gives you a positive overnight carry trade...
We continue to see the U.S Dollar weaken against the Mexican peso.
The interest rate differential makes the Mexican peso an attractive buy and we look at this in more detail.
We use one-month ATR to set our stop loss and take profit targets.
