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AUD/USD made an attempt to break support 58,90 and even had a touch of mark 58,75. Just at this moment Brent touched $ 65,82./Barr. and in the early fall.
Thanks to falling oil prices, which put pressure on the ruble, and increased demand for the US dollar, the pair USD/RUB is back to the highs Monday. Next, however, should be cautious. The potential for further growth of the pair is not so great. Yes, the producer price index gave hope for inflation, but only after several months.
Much will depend on the report of CPI of the USA, published on Wednesday, and the subsequent FOMC meeting on monetary policy. If inflation will be weaker than forecasts, and the fed is less optimistic views on the economic Outlook, it is able to greatly drop the dollar.
In such circumstances, the USD/ RUB to sink to the level of 58.55 for a few hours.
Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.
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usd/rub, Forex club USDRUB
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