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FxWirePro: Russian rouble weakens against US dollar, stabilises above 64.00 mark

USD/RUB is currently trading around 64.61 levels. It made intraday high at 64.78 and low at 63.97 levels. Intraday bias remains bullish for the moment. A daily close below 64.00 mark will tests key supports at 63.57, 62.…

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FxWirePro: Russian rouble weakens against US dollar, stabilises above 64.00 mark
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  • USD/RUB is currently trading around 64.61 levels.
     
  • It made intraday high at 64.78 and low at 63.97 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close below 64.00 mark will tests key supports at 63.57, 62.59, 60.76, 59.67 and 58.15 marks respectively.
     
  • On the top side, key resistances are seen at 64.78, 65.72, 66.06 and 67.32 levels respectively.
     
  • Important to note here that, 20D, 30D and 55D EMA heads down and confirms bearish trend.

    We prefer to take long position in USDRUB around 64.45, stop loss 63.97 and target 66.23 marks.

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