USD/RUB forecast & technical analysis on December 13, 2017


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Currency pair US Dollar Russian Ruble USD/RUB continues to move within the limits of the decline. At the moment, we should expect an attempt to test the level of 59.30 and continue the fall of the pair in the area below the level of 57.70 as part of the start of the development of the head and shoulders reversal model. In favor of the fall of the pair USD/RUB is a rebound from the resistance line on the indicator of relative strength index (RSI).

USD/RUB forecast & technical analysis on December 13, 2017

The cancellation of the variant of the fall of the pair USD/RUB to Forex will be a strong growth and a breakdown of the level of 59.50 rubles to the dollar, which indicates the continued growth of the pair above the level of 60.40. Expect to accelerate the fall of the Dollar against the Ruble is worth a breakdown of the level of 58.50.

USD/RUB forecast & technical analysis on December 13, 2017

USD/RUB forecast & technical analysis on December 13, 2017 assumes a test of the level of 59.30, from which one should expect a rebound and the continued decline of the Dollar against the Ruble rate with a target below the level of 57.70, the abolition of the fall version will be a breakdown of the level of 59.50.


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