USD/RUB prediction & technical analysis on September 22, 2017


Currency pair US Dollar to Russian Ruble USD/RUB continues to move near the region of 58 rubles to the dollar. At the moment, there is an attempt to test the level of the broken neck line of the «Head and Shoulders» reversal pattern and continue the growth of the Dollar/Ruble pair above the level of 59.00.

USD/RUB prediction & technical analysis on September 22, 2017

In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth option for the USD/RUB pair on Forex will be the fall and breakdown of the area of ​​57.20 rubles per US dollar, which will indicate the continuation of the pair’s decline below the level of 55. Expect to accelerate the pair’s growth with a breakdown of the area of ​​58.40.

USD/RUB prediction & technical analysis on September 22, 2017

USD/RUB prediction & technical analysis on September 22, 2017 assumes an attempt to test the broken support line of the reversal pattern near the level of 58.00 and continue growth above the level of 59.00, an additional signal in favor of the US Dollar growth will be a trend line test on the indicator of relative strength index (RSI), there will be a breakdown of the level of the right shoulder and the closing of quotations below 57.20.


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