ridethepig

ridethepig | RUB Market Commentary 2020.02.18

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ridethepig Uppdaterad   
FOREXCOM:USDRUB   USA-dollar / Rysk Rubel
As widely expected we got a test of the highs at 64.2x once the channel was broken (see diagram). The ladder is light and I like to play this tight range and look for a test of the lows.


"Eyes here, looking to sell 64.2x on the day..." - This is currently in play, although risk is showing now signs of abating the low sizings are keeping a test of the lows on the cards. Tracking closely the highs, if we get a breakup then I will not be stubborn and hold onto the shorts, I will close. This is a tactical range trade.

Good luck all those in USDRUB, we can open the short-term sentiment conversations in the comments if we get enough interest. Thanks as usual for keeping the support coming with likes, comment and etc!
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Trailing time here for the close..lets see if we get a runner!
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