EURRUB - Daily - Is Euro strength going to kick in here as well?
Trade Alert
Judging by the current strength in the common currency, we could assume that this pair could follow the same lead. A break above the 73.05 could open the path towards the 74.05, a break of which, could place EURRUB above the upwards moving trendline. This could be seen as a bullish sign.
Alternatively, if the 73.05 level holds, then the pair could end up moving back down towards the 71.60 area.
Don't forget your SL.
Judging by the current strength in the common currency, we could assume that this pair could follow the same lead. A break above the 73.05 could open the path towards the 74.05, a break of which, could place EURRUB above the upwards moving trendline. This could be seen as a bullish sign.
Alternatively, if the 73.05 level holds, then the pair could end up moving back down towards the 71.60 area.
Don't forget your SL.