Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction. At the time of publication of the forecast, the US dollar to the Russian Ruble rate is 67.03. At the moment, we should expect a test of the resistance level near the area of 67.65 rubles for the US dollar and the beginning of the fall of the pair into the area below the level of 65.80.
USD/RUB forecast Russian Ruble September 20, 2018
In favor of reducing the pair USD/RUB, a trend line test will be performed on the relative strength index (RSI), as well as a resistance area test on the price chart. The cancellation of the fall of the USD/RUB pair on Forex will be a strong growth and a breakdown of the level of 68.20 rubles per dollar, which will indicate the breakdown of the resistance area and the continued growth of the Dollar/Ruble pair to the area above the level of 69.50. Confirmation of the fall of the pair will be the breakdown of the support area and the closure below the level of 66.70.
USD/RUB forecast Russian Ruble September 20, 2018 suggests a test of the resistance level near the area of 67.65, from which it is expected to rebound and continue the fall of the dollar against the ruble with a target below 65.80, an additional signal in favor of the fall of the pair will test the trend line at indicator of relative strength index (RSI), the abolition of the reduction option will be the breakdown of the support area and the closing of quotes above the level of 68.20.
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