Thursday, October 15, 2026

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FxWirePro: Russian rouble rejects 69.00 mark, good to sell on rallies

USD/RUB is currently trading around 68.50 levels. It made intraday high at 69.00 and low at 67.52 levels. Intraday bias remains bearish till the time pair holds key resistance at 70.9132 levels. Alternatively, reversal f…

By Cynthia Firey Eakin
1 min read
FxWirePro: Russian rouble rejects 69.00 mark, good to sell on rallies
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  • USD/RUB is currently trading around 68.50 levels.
     
  • It made intraday high at 69.00 and low at 67.52 levels.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 70.9132 levels.
     
  • Alternatively, reversal from key resistance area will drag the parity down towards key support at 66.50 marks.
     
  • Important to note here that, 20D, 30D and 55D EMA heads down and confirms bearish trend.

We prefer to take short position in USD/RUB around 69.00, stop loss 70.9132 and take profit at 67.00/ 66.34 levels.

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By FxWirePro Team