Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the bullish correction. At this point, we should expect a test of resistance level near 58.80 and continuation of the fall of the pair in the area below the level of 57.70.
USD/RUB forecast & technical analysis on December 6, 2017
In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the USD/RUB fall variant on Forex will be a strong growth and breakdown of the region of 59.30 rubles per dollar, which will indicate the continued growth of the pair above the level of 60.50. Expect to accelerate the fall of the dollar against the ruble is a breakdown at level 58.40.
USD/RUB forecast & technical analysis on December 6, 2017 assumes a test of the level of 58.80, from which we expect a rebound and the continued decline of the Dollar against the Ruble rate with a target below the level of 57.70, the abolition of the fall version will be the breakdown of the area of 59.40.
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