USD/RUB prediction & technical analysis on October 24, 2017


Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the flat trend. At this point, we should expect an attempt to test the upper border of the channel near the area of ​​57.85 and continue falling to the area below the level of 56.75.

USD/RUB prediction & technical analysis on October 24, 2017

In favor of reducing the pair USD/RUB will test the resistance area on the indicator of relative strength index (RSI). The cancellation of the variant of the fall of the pair USD/RUB on Forex will be a strong growth and breakdown of the region of 58.20 Rubles per US Dollar, which will indicate the continuation of the pair’s growth above the level of 60.

USD/RUB prediction & technical analysis on October 24, 2017

USD/RUB prediction & technical analysis on October 24, 2017 assumes an attempt to test the upper border of the channel and continue the fall of the US Dollar against the Ruble rate to below the level of 56.75 Rubles per US Dollar, an additional signal in favor of the USD/RUB decline will be a resistance level test on the indicator relative strength index (RSI).


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