USD/RUB forecast Russian Ruble on December 27, 2017


Currency pair US Dollar Russian Ruble USD/RUB continues to move in the fall. At this point, we should expect an attempt to test the upper border of the channel near the level of 58.00 and continue the fall of the pair in the area below the level of 57.05.

USD/RUB forecast Russian Ruble on December 27, 2017

In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall of the USD/RUB pair on FOREX will result in a strong growth and breakdown of the level of 58.40 rubles to the dollar, which will indicate the quotes inputs outside the channel and the continued growth.

USD/RUB forecast Russian Ruble on December 27, 2017

USD/RUB forecast Russian Ruble on December 27, 2017 assumes a test of the level 58.05, from which one should expect a rebound and an attempt to drop the US Dollar against the Ruble rate below the level of 57.05, an additional signal in favor of the fall of the pair is the 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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