Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the bullish correction. At the moment, we should expect the test of the support area test near the level of 57.00 and the continuation of the pair’s growth in the area above the level of 60.00. In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI).
USD/RUB forecast & technical analysis February 13, 2018
Cancellation of the growth variant of the USD/RUB pair on Forex will be a drop and breakdown of the level of 56.20 rubles per dollar, which will indicate the cancellation of the reversal model «Head and Shoulders»” and the continuation of the fall of the Dollar/Ruble pair into the area below the level of 55.00.
USD/RUB forecast & technical analysis February 13, 2018 assumes a try of a support level test near the area of 57.00, from which one should expect a rebound and an attempt to continue the growth of the Dollar against the Ruble with a target above 60.00, an additional signal in favor of a drop from current levels will be a test line resistance on the indicator of relative strength index (RSI).
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