USD/RUB: Charts suggest retest of 80 area - BBH

FXStreet (Guatemala) - Analysts at Brown Brothers Harriman noted that the USD/RUB made new all-time highs in December, trading just below 80 before falling back to near 50.

Key Quotes:

"Charts suggest a retest of the 80 area."

"The 200-day MA comes in near 42.72."

"The MICEX is making new highs for the cycle nears 1700, and is trading at levels not seen since 2011."

"The April 2011 high near 1865 is the next big target. After that is the May 2008 high near 1966. The 200-day MA comes in near 1447."