Trade Alert
We are currently seeing some sideways action within something that could be seen as a range between 71.60 and 74.30. The pair might stick around in that range for a bit, until it decides to break one of the sides.
Recently, ideally, we should wait for a break of one of the highlighted sides, in order to take a position, but because EURRUB continues to slide slowly, we could see another move a bit lower, towards the 71.60 zone.
Please see the chart for details.
Don't forget your SL.
We are currently seeing some sideways action within something that could be seen as a range between 71.60 and 74.30. The pair might stick around in that range for a bit, until it decides to break one of the sides.
Recently, ideally, we should wait for a break of one of the highlighted sides, in order to take a position, but because EURRUB continues to slide slowly, we could see another move a bit lower, towards the 71.60 zone.
Please see the chart for details.
Don't forget your SL.