Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 63.37 Rubles for the US Dollar. The pair continues to move within the framework of growth. At the moment, we should expect a test of the support area near the level of 62.00 and the continuation of the pair’s growth above the level of 67.50.
USD/RUB weekly forecast May 7 — 11, 2018
In favor of the growth of the Dollar Ruble pair will perform a test of the support line on the indicator of relative strength index (RSI). Canceling the option of continuing the growth of the Dollar Ruble pair will be the fall and breakdown of the region of 60.50, which will indicate the breakdown of the level of support and the continued fall in the rate of the US Dollar against the Russian Ruble. To expect confirmation of the pair’s growth is the breakdown of the upper bound of the «Triangle» and the closing above the level of 64.50.
USD/RUB weekly forecast May 7 — 11, 2018 suggests an attempt to test the support area near the level of 62.00, where we can expect the attempt of the USD growth to the area above the level of 67.50, in favor of the pair growth, the trend line test on the 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
