Another key reversal in play in USDRUB
=> Very similar to the USDINR idea we posted, there is significant bearish divergence and the downside is unlocked for some testing.
=> Here we are playing into the 66.0988 and 65.0446 levels before anything else.
=> This is a corrective play across EM currencies, nothing more, nothing less.
=> Here we are playing into the 66.0988 and 65.0446 levels before anything else.
=> This is a corrective play across EM currencies, nothing more, nothing less.
Comment:
It's almost clearing time for all those on the sell side... well done riding this complex correction in EM currencies.
Trade closed: target reached:
65.531 TP1 reached, well done to everyone on the sell side.
