Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 59.10 Rubles per US Dollar. The pair continues to move within the framework of the «Triangle» model. At the moment, we should expect a test of the support level near the area of 58.30 and the continued growth of the pair above the level of 62.00.
USD/RUB weekly forecast on on December 11 — 15, 2017
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 abolition of the variant of the Dollar/Ruble pair growth will be the fall and the breakdown of the area of 56.60, which will indicate the continued fall of the Dollar against the Russian Ruble. Expect to accelerate the growth of the pair is the breakdown of the upper limit of the model «Triangle» and the closure above the level of 61.00.
USD/RUB weekly forecast on on December 11 — 15, 2017 suggests a test of the level of 58.30, where we can expect the attempt of the Dollar’s growth to the area above the level of 62.00, in favor of the pair’s growth, a test of the support line on the indicator of relative strength index (RSI), the cancellation of the growth rate of the Dollar on the current trading week will fall and breakdown of the area of 56.60, indicating a potential drop below the level of 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
