How Low Can The Ruble Go?

The whole world's talking about the weakening USDRUB right now.

How low can it go?

Here's Bloomberg's latest update today.

This is truly the currency pair of death. You will only profit, and profit ALOT, if you're in the right direction at the high, or at the low. Or you longed USDRUB way back in November. Anywhere else in the middle and you're basically fucked.

Russia looks like its gonna default soon.

Look at the chart below.