Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of its growth. At the time of the publication of the forecast, the exchange rate of the US dollar to the Russian ruble is 66.34. At the moment, we can expect an attempt to test the level of support near the area of 65.90 rubles for the US dollar. Further, the pair continues to grow to the area above the level of 67.45.
USD/RUB forecast Russian Ruble November 9, 2018
A test of the trend line on the relative strength index (RSI) will be in favor of the growth of the USD/RUB pair. Cancellation of the growth option of the USD/RUB pair on Forex will be a fall and a breakdown of the level of 65.60 Russian Rubles per US Dollar. This will indicate support areas and the continuation of the fall of the Ruble/Dollar pair to an area below 64.85. Confirmation of the growth of the pair will be the breakdown of the resistance area and the closure above 66.55.
USD/RUB forecast Russian Ruble November 9, 2018 implies an attempt to test the support level near 65.90. Where should we expect a rebound and the continued growth of the dollar against the ruble with a goal above the level of 67.45. 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 closing of quotes below 65.60.