Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the upward correction. At the moment, we should expect a test of the resistance level near 59.10 and the continuation of the fall of the pair in the area below the level of 57.80.
USD/RUB forecast & technical analysis on December 7, 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 USD/RUB fall variant on Forex will be a strong growth and breakdown of the region of 59.30 rubles per dollar, which will indicate the continued growth of the pair above the level of 60.50. Expect to accelerate the fall of the dollar against the ruble is a breakdown at level 58.40.
USD/RUB forecast & technical analysis on December 7, 2017 suggests an attempt to test the upper border of the channel near the level of 59.10, from which it is expected to 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 the breakdown of the area of 59.40.