Currency pair US Dollar Russian Ruble USD/RUB continues to move in the fall. At this point, we should expect an attempt to test the area of 56.40 and continue the fall of the pair in the area below the level of 55.10. In favor of the fall of the pair USD/RUB is the test of the resistance line on the indicator of relative strength index (RSI).
USD/RUB forecast & technical analysis January 30, 2018
The cancellation of the fall of the USD/RUB pair on Forex will result in a strong growth and a breakdown of the level of 57.40 rubles per dollar, which will indicate the breakdown of the upper border of the channel and the continued growth of the Dollar Ruble pair to an area above the level of 58.60.
USD/RUB forecast & technical analysis January 30, 2018 suggests a test of the level of 56.40, from which one should expect a rebound and an attempt to continue the fall of the Dollar against the Ruble rate with a target below 55.10, an additional signal in favor of growth is the trendline test on the relative strength index (RSI).
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