Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 59.24 Rubles per US dollar. The pair continues to move within the framework of the «Triangle» model. At the moment, we should expect a test of the support level near 58.80 and the continued growth of the pair above the level of 61.50.
USD/RUB weekly forecast on November 20 — 24, 2017
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). The cancellation of the variant of the Dollar/Ruble pair growth will be the fall and breakdown of the area 57, which will indicate the continued fall of the Dollar against the Russian Ruble. Expect to accelerate the growth of the pair is with the breakdown of the local maximum and closing above 61.
USD/RUB weekly forecast on November 20 — 24, 2017 assumes a test of the support level, from where we expect the dollar to rise above 61.50, in favor of the pair’s growth, the trend line test on the relative strength index (RSI), the cancellation of the growth rate of the Dollar on the current trading week will fall and breakdown of the region 57.
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