Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.44 Rubles for the US Dollar. The pair continues to move within the correction. Moving averages indicate an uptrend. In the current trading week of February 4 — 8, 2019, a decrease in the support area test near the level of 64.45 is expected. Where can we expect a rebound and continued growth of the dollar above the level of 68.95.
USD/RUB Forecast and Analysis February 4 — 8, 2019
In favor of the growth of the dollar ruble pair will be a test of the support area on the relative strength index (RSI). Cancellation option for the continued growth of the pair Ruble Dollar will be a decline and a breakdown of the area of 63.55. This will indicate a breakdown of the support area and the continuation of the depreciation of the US Dollar against the Russian Ruble. Expect confirmation of growth for the pair is with the breakdown of the resistance area and closing of USD/RUB quotes above 66.65.
USD/RUB Forecast and Analysis February 4 — 8, 2019 implies an attempt to test the support area near the level of 64.45. Where should we expect an attempt to increase the dollar in the area above the level of 68.95. In favor of the pair will make a test trend line on the indicator of relative strength index (RSI). Cancellation of the growth rate of the dollar in the current trading week will be the decline and breakdown of 63.55 area. What will indicate the continuation of the fall of the pair.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
