Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of the fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 65.49. At the moment, we should expect an attempt to test the support level near 64.65 rubles for the US Dollar and the pair to continue to grow to an area above 69.35.
USD/RUB forecast Russian Ruble October 3, 2018
In favor of the growth of the pair USD/RUB, a trend line test will be performed 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 63.85 Rubles per Dollar, which will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of the Dollar/Ruble 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 66.30.
USD/RUB forecast Russian Ruble October 3, 2018 implies an attempt to test the support level near 64.65, from which we can expect a rebound and continued growth of the Dollar against the Ruble with a target above 69.35, a test in trend the relative strength index (RSI), the cancellation of the growth option will be the breakdown of the support area and the closing of quotations below 63.85.
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