The ruble to continue the drop down to 66-67 for U.S. Dollar

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The ruble exchange rate experienced significant depreciation after confirming information on the new U.S. sanctions preparation.

Despite strong RUB in March, its positions are weak at the moment. We assume that USDRUB will grow to 66-67 in April.

USDRUB price graph
USDRUB price graph

Upward trend will be confirmed if USDRUB breakout 65.5 and consolidate above this level.

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