Currency pair US Dollar Russian Ruble USD/RUB continues to move within the limits of the decline. At this point, we should expect a test of the level of 58.40 and the pair’s growth in the area above the level of 59.20. In favor of the growth of the pair USD/RUB is the formation of the reversal model «Head and Shoulders» on the indicator of relative strength index (RSI).
USD/RUB forecast & technical analysis on December 20, 2017
Cancellation of the growth option for the pair USD/RUB on FOREX will be a drop and a breakdown of the level of 58.10 rubles per dollar, which indicates the continuation of the fall of the pair below the level of 57.50. Expect to accelerate the growth of the dollar against the ruble is worth a breakdown of the level of 58.80.
USD/RUB forecast & technical analysis on December 20, 2017 assumes a test of the level of 58.40, from which we should expect a rebound and an attempt to increase the Dollar against the Ruble rate with a target above the level of 59.20 within the «Head and Shoulders» reversal model on the relative strength index (RSI), growth option will breakdown at level 58.10.
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