Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At the moment, there is an attempt to test the level of 57.10 and the beginning of the growth of the Dollar/Ruble pair above the level of 58.50, within the framework of the development of the inverted reversal model «Head and Shoulders».
USD/RUB forecast US Dollar on September 19, 2017
In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength. The abolition of the growth option for the Dollar/Ruble pair will be the fall and breakdown of the region of 56.50 rubles to the US dollar, which will indicate that the pair will continue to fall below the level of 55. Expect the pair to accelerate, with the breakdown of the area at 57.90.
USD/RUB forecast US Dollar on September 19, 2017 assumes a test of the level of 57.10 rubles for the US dollar and the continuation of growth above the level of 58.50 within the beginning of the development of the reversal pattern, an additional signal in favor of the pair’s growth will test the trend line on the indicator of relative strength index (RSI), cancellation will be a fall and breakdown of the area of 56.50.
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