Pair is currently trading around 76.45 levels.
- It made intraday high at 76.80 and low at 76.04 levels.
- Intraday bias remains bullish till the time pair holds key support level at 74.67 levels.
- Alternatively, daily close below key support level will take the pair towards 73.82 and 71.27 levels.
- In addition, 10, 25 and 25D EMA heads up, which confirms bullish trend.
We prefer to take long position in USD/RUB around 76.50, stop loss 74.64 and target at 79.75/ 81.52 levels.
