Currency pair US Dollar Russian Ruble USD/RUB continues to move within the bearish channel. At this point, we should expect an attempt to test the upper border of the channel near the level of 58.55 and the fall of the pair into the area below the level of 56.90.
USD/RUB forecast Russian Ruble on December 26, 2017
In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). Canceling the fall of the USD/RUB pair on Forex will be strong growth and breakdown of the level of 58.90 Rubles per US Dollar, which will indicate the quotes inputs outside the channel and the continuation of growth above the level of 59.60.
USD/RUB forecast Russian Ruble on December 26, 2017 assumes a test of the level of 58.90, from which one should expect a rebound and an attempt to drop the Dollar against the Ruble rate with a target below 56.90, an additional signal in favor of the fall of the pair will be a trend line test on the relative strength index (RSI), the cancellation of the fall variant will be a breakdown of the upper boundary of the channel.
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