Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At the moment, we should expect a test of the breakthrough support level near 58.50 and the continuation of growth in the area above the level of 60.75.
USD/RUB prediction & technical analysis on November 7, 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). The cancellation of the growth of the USD/RUB pair on FOREX will be the fall and breakdown of the area of 57.70 rubles to the US dollar, which indicates the continuation of the fall of the pair below the level of 57.00. Expect the acceleration of the growth rate of the US Dollar is with a breakdown of the level of 59.50.
USD/RUB prediction & technical analysis on November 7, 2017 assumes an attempt to test the broken support area near the level of 58.50, from which it is expected to rebound and continue the growth of quotations above the level of 60.75 Rubles to the US Dollar, an additional signal in favor of the USD/RUB growth will be the test line support on the indicator of relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
