Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.52 rubles to the US dollar. The pair continues to move within the flat trend. It is worth waiting for an attempt to test the level of 56.50 Rubles per US Dollar.
USD/RUB weekly forecast on October 23 — 27, 2017
Where again we should expect a rebound and the pair’s growth above the level of 60. In favor of the growth of the Dollar/Ruble pair is the formation of a reversal model 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 23 — 27, 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 is the inverted model of the «Head and Shoulders» on the indicator of relative strength index (RSI), there will be a fall and breakdown of the area of 55.50.
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