Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the lateral movement. At this point, we should expect an attempt to test the area 56.35 rubles per US dollar, from which we should expect a rebound and the growth of quotations in the area above the level of 57.50.
USD RUB forecast & analysis on May 24, 2017
In favor of growth of the US Dollar to Russian Ruble USD/RUB will perform a tight test of the support area on the indicator of relative strength index (RSI). The cancellation of the variant of growth of quotations of USD/RUB will be the fall and breakdown of the region of 56 rubles per dollar, which will indicate the continued decline in quotations.
USD RUB forecast & analysis on May 24, 2017 assumes a test of the level of 56.35 Rubles per US Dollar, from which it is expected to attempt a rebound and start growth with the first target at the level 57.50, the breakdown of the region 56, in this case expect to accelerate the fall of quotations of the pair USD/RUB.
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