USD/RUB recovers and goes back above the 200-DMA as sellers eye 78.0000

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USD/RUB recovers and goes back above the 200-DMA as sellers eye 78.0000
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USD/RUB recovers and goes back above the 200-DMA as sellers eye 78.0000 By christianborjon USDRUB EmergingMarkets Crosses Sentiment Technical Analysis

the North American session amidst a dismal market mood. At the time of writing, the USD/RUB is trading at 78.6855.

Elsewhere on Wednesday, the Federal Reserve revealed its March minutes. The central bank said that most participants were eager to hike rates 50 bps if not for Ukraine. The Fed agreed to cap its balance sheet by an amount of $95 billion, $60 billion on US Treasuries, and $35 billion on mortgage-backed securities .

.” On Thursday, that is happening, and a break could pave the way towards February 11 swing low at 74.2631.

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