USD/RUB focus on 64.34/62.34 – BBH

Researchers at BBH have noted the relevance of the 64.34/62.34 band in USD/RUB.

Key Quotes

“USD/RUB has retraced nearly three quarter of the October-January rise”.

“Break below the November 20 low near 64.34 and then the November 3 low near 62.34 would set up a test of the October 16 low near 60.59. The 200-day MA comes in near 67.80”.