USD/RUB forecast & technical analysis January 3, 2018


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Currency pair US Dollar Russian Ruble USD/RUB continues to move in the fall. At this point, we should expect a test of the resistance level near the area of ​​57.70 and the continuation of the fall of the pair in the area below the level of 56.10.

USD/RUB forecast & technical analysis January 3, 2018

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 fall of the USD/RUB pair on FOREX will be a strong growth and a breakdown of the level of 58.30 Rubles per US Dollar, which will indicate a breakdown of resistance and continued growth.

USD/RUB forecast & technical analysis January 3, 2018

USD/RUB forecast & technical analysis January 3, 2018 suggests a resistance test near the level of 57.70, from which one should expect a rebound and an attempt to drop the dollar against the ruble with a target below 56.10, an additional signal in favor of the fall of the pair will be a test of the trend line on the indicator relative strength index (RSI), the abolition of the fall will be a breakdown of the resistance level and the closing of quotations above 58.30.

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