Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.60 Rubles per US Dollar. At the moment, the pair continues to move within the limits of the decline. It is expected to rebound and growth of the pair in the resistance area near the level of 58.50 Rubles per US Dollar, where again we should expect a fall in quotations.
USD/RUB weekly forecast on September 18 — 22, 2017
In favor of the fall of the pair, the Dollar/Ruble will perform a bearish trendline test on the indicator of relative strength index (RSI). Canceling of the option of reducing the Dollar/Ruble pair will result in a strong growth and breakdown of the area of 59, indicating that growth will continue to increase above the level of 61 Rubles per US Dollar.
USD/RUB weekly forecast on September 18 — 22, 2017 suggests a correction attempt in the resistance area near the level of 58.50, where we expect the rebound and fall of the dollar/ruble quotations to be below 55.50, an additional signal in favor of the fall will be a trend line test on the relative strength indicator (RSI).
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