21.05.2020
The pair is trading below the strong support level of 72.35 amid the high demand for OFZs from non-residents, as well as the stronger growth in crude oil prices. The price will return to 64.00–65.00 earlier than predicted, in the beginning of June.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI entered the oversold zone. Stoch are also located there.
Trading recommendations:
If the price goes below 71.00, it will drop further down to 70.00.
USDRUB rate online: follow the course movement in real time.
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