The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.63. The pair continues to move below the level of the moving average with a period of 55, indicating a bearish trend in the US dollar against the Russian Ruble. At the moment, quotations Pairs test the average border of the bars of the indicator Bollinger Bands. It is worth to expect an attempt to grow and test the moving average near the level of 57.30, where again we should expect an attempt to continue falling with the first goal near the level of 55.40.
Bollinger Bands USD/RUB forecast on April 5, 2017
The conservative sales area is located near the upper boundary of the Bollinger Bands indicator strip at the level of 57.30. Canceling the continuation of the fall of the pair The US dollar The Russian ruble will break through the upper border area, as well as the moving average and close the quotes. The pair is above the area of 57.70, indicating a change in the bullish trend for USD/RUB. In the event of a breakdown of the lower boundary of the indicator bands, it is expected to accelerate the fall of the pair in the area below the level of 55.40.
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