2016.06.2703:44:00UTC+00Fxwirepro: Russian Rouble Rejects 67.00 Mark, Good to Sell on Rallies

• USD/RUB is currently trading around 64.98 levels.
   
• It made intraday high at 66.76 and low at 63.96 levels.
   
• Intraday bias remains bearish till the time pair holds key resistance at 67.3234 levels.
   
• Alternatively, reversal from key resistance area will drag the parity down towards key support at 63.58 marks.
   
• Initial support levels are seen at 64.52, 63.58 and 62.65 marks respectively.
   
• On the top side, key resistances are seen at 65.72, 66.06 and 67.00 levels respectively.
   
• Important to note here that, 20D, 30D and 55D EMA heads down and confirms bearish trend.

We prefer to take short position in USD/RUB around 65.25, stop loss 66.30 and take profit 63.58 levels.