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 test of the support line on the indicator of relative strength index (RSI).
USD/RUB forecast & technical analysis on December 21, 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 US Dollar against the Ruble is worth a breakdown of the level of 58.80.
USD/RUB forecast & technical analysis on December 21, 2017 suggests a test of level 58.40, from which one should expect a rebound and an attempt to increase the rate of the Dollar against the Ruble for a target above 59.20, an additional signal in favor of the pair’s growth will be a trend line test on the relative strength indicator index (RSI), the abolition of the growth option will be a breakdown at level 58.10.
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