USDRUB | SHORT AND LONG TECHNICAL
After the federal message April 21. Putin has made a pledge to Russia's new economic policies:
• Putin instructed the government within a month to submit measures to support small and medium enterprises;
• The President promised to encourage investors to invest in the development of domestic industries;
• From July all excessive restrictions on foreign exchange controls on exporters;
• Investors will be provided with loans at low interest rates of 3-4% to build mass housing.
That should bring the USDRUB price down slightly over the course of a few days. It will be about 74-75. To prepare for the next hapless increase to 80-90?
• Putin instructed the government within a month to submit measures to support small and medium enterprises;
• The President promised to encourage investors to invest in the development of domestic industries;
• From July all excessive restrictions on foreign exchange controls on exporters;
• Investors will be provided with loans at low interest rates of 3-4% to build mass housing.
That should bring the USDRUB price down slightly over the course of a few days. It will be about 74-75. To prepare for the next hapless increase to 80-90?
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