Currency pair US Dollar Russian Ruble USD/RUB continues to move within the limits of the decline. At the time of publication of the forecast, the US Dollar to the Russian Ruble rate is 65.94. At this point, we should expect an attempt to test the resistance level near the area of 66.30 rubles for the US dollar and the beginning of the fall of the pair in the area below the level of 64.55.
USD/RUB forecast Russian Ruble September 27, 2018
In favor of reducing the pair USD/RUB, the «Head and Shoulders» model will appear on the indicator of relative strength index (RSI). The cancellation of the fall of the USD/RUB pair on Forex will be a strong growth and a breakdown of the level of 66.85 rubles per dollar, which will indicate the breakdown of the resistance area and the continued growth of the Dollar Ruble pair to an area above the level of 67.50. Confirmation of the fall of the pair will be the breakdown of the support area and the closure below the level of 65.35.
USD/RUB forecast Russian Ruble September 27, 2018 suggests a test of the resistance level near the area of 66.30, from which it is expected to rebound and continue the fall of the dollar against the ruble with a target below 64.55, 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 66.85.
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