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- USD/RUB is currently trading at 71.1015 levels.
- It made intraday high at 71.7225 and low at 70.7070 levels.
- Intraday bias remains bullish till the time pair holds key support at 69.7806 levels.
- A daily close below key support will drag the parity towards 68.04/ 64.42 levels thereafter.
- Alternatively, reversal from key support area will drag the parity towards key resistance at 73.30 marks.
We prefer to take long position in USD/RUB around 71.00, stop loss 68.75 and take profit at 73.30 levels.
