Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of a decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.77. At the moment, we can expect an attempt to test the level of support near the area of 65.65 Rubles for the US Dollar. Further, the continuation of the growth of the pair in the region above the level of 67.55.
USD/RUB forecast Russian Ruble November 20, 2018
In favor of the growth of the pair USD/RUB will test the rising trend line on the indicator of relative strength index (RSI). Cancellation of the growth option of the USD/RUB pair on Forex will be a fall and a breakdown of the level of 65.25 rubles per dollar. This will indicate areas of support and the continuation of the fall of the Ruble/Dollar pair to an area below the level of 62.50. Confirmation of the growth of the pair will be the breakdown of the resistance area and the closure above 66.35.
USD/RUB forecast Russian Ruble November 20, 2018 suggests an attempt to test the support level near 65.65. Where can we expect a rebound and the continued growth of the dollar against the ruble with a target above the level of 67.55. 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 growth option will be the breakdown of the support area and the closing of quotations below 65.25.
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