Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At the moment, there is an attempt to test the level of the broken Neckline of the «Head and Shoulders» reversal pattern and continue the growth of the Dollar/Ruble pair above the level of 59.00.
USD/RUB forecast US Dollar on September 21, 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 index (RSI). Cancellation of the growth option for the USD/RUB pair on FOREX will be a fall and breakdown of the area of 57.20 Rubles per US Dollar, which will indicate that the pair will continue to fall below the level of 55. Expect a faster pair growth with a breakdown of the area at 58.20.
USD/RUB forecast US Dollar on September 21, 2017 assumes an attempt of the test of the broken neck line near the level of 58.00 and the continuation of the growth above the level of 59.00 as part of the development of the «Head and Shoulders» reversal model. An additional signal in favor of the pair growth will be the trend line test on the relative indicator index (RSI), cancellation will be a breakdown of the level of the right shoulder and the closing of quotations below 57.20.
