USD/RUB Analysis Indicates Downward Trend with Important Support and Resistance Levels

Wednesday, 10 July 2024, 08:52
Today's analysis on USD/RUB reveals a downward trend as the pair reversed higher after hitting 86.4505, now trading at 87.9300. Crucial resistance stands at 88.0525, while support is observed around 87.8040. Traders await the impact of U.S. CPI data scheduled for tomorrow on the currency pair's future trajectory.
Dailyforex
USD/RUB Analysis Indicates Downward Trend with Important Support and Resistance Levels

USD/RUB Analysis Today

Price Movements:

  • Reversed higher after touching 86.4505, now at 87.9300

Key Levels:

  1. Resistance at 88.0525
  2. Support at 87.8040

Traders closely monitoring U.S. CPI data anticipating potential impacts on further USD/RUB moves.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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