Currency pair US Dollar Russian Ruble USD/RUB continues to move within the correction and the «Triangle» model. At this point, we should expect an attempt to test the support area near the level of 62.30 and continue the growth of the pair in the area above the level of 64.00.
USD/RUB forecast & technical analysis June 13, 2018
In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the growth of the pair USD/RUB on Forex will be a drop and a breakdown of the level of 61.55 rubles per dollar, which will indicate the breakdown of the support area and the continuation of the fall of the Dollar/Ruble pair into the area below the level of 60.80. Confirmation of the growth of the pair will be the breakdown of the upper limit of the «Triangle» model and the closing above 63.20.
USD/RUB forecast & technical analysis June 13, 2018 suggests a try of a support level test near area 62.20, from which one should expect a rebound and an attempt to continue the growth of the US Dollar against the Russian Ruble rate with a target above 64.00, an additional signal in favor of the pair’s growth will be an uplink test trend on the indicator of relative strength index (RSI).
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