USD/RUB forecast Russian Ruble January 2, 2019


Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of strong growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 69.43. At the moment, we should expect an attempt at correction and a test of the support level near the 68.35 Ruble area for the US Dollar. Then, the pair continues to grow to the area above the level of 71.75.

USD/RUB forecast Russian Ruble January 2, 2019

The test of the trend line on the relative strength index (RSI) will be in favor of the growth of the USD/RUB pair. As well as a rebound from the lower boundary of the bullish channel. Cancellation of the growth option of the USD/RUB pair at FOREX will be a fall and a breakdown of the level of 67.50 Rubles per Dollar. This will indicate areas of support and the continuation of the decline of the Dollar/Ruble pair to an area below the level of 66.20. Confirmation of the growth of the pair will be the breakdown of the resistance area and the closure above 69.95.

USD/RUB forecast Russian Ruble January 2, 2019

USD/RUB forecast Russian Ruble January 2, 2019 implies an attempt to test the support level near the 68.35 area. Where should we expect a rebound and the continuation of the growth of the dollar against the ruble with a goal above the level of 71.75. An additional signal in favor of the pair growth will be a test of the trend line on the relative strength index (RSI). Cancellation of the lifting option will be a breakdown of the support area and closing quotes below the level of 67.50.


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