Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.13 Rubles per US Dollar. The pair continues to move in a bearish trend. It is worth waiting for an attempt to continue falling to the area of 56.50 Rubles per US Dollar.
USD/RUB weekly forecast on October 16 — 20, 2017
Where again we should expect a rebound and growth of the pair above the level of 60. 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 the breakdown of the region of 55.50, which will indicate the continuation of the depreciation of the US Dollar against the Russian Ruble. Expect to accelerate the growth of the pair is with a breakdown of the resistance level and closing above the level of 58.50.
USD/RUB weekly forecast on October 16 — 20, 2017 assumes a test of the level of 56.50, from where it is expected that the Dollar will rise to a level above the level of 60, in favor of the pair’s growth, a trend line test will be performed on the relative strength indicator (RSI), and the breakdown of the region 55.50.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
