The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the development of a downward trend and currently trades at 56.86 rubles to the US dollar. The potential for continued growth of the pair in the region above the level of 58 rubles per US dollar is maintained, in favor of growth is a rebound from the support line on the indicator of relative strength.
USD/RUB Forecast Dollar Ruble on April 10, 2017
Near the area of 58 rubles per dollar, the values of the indicator RSI will meet resistance in the form of a downward trend line, breakdown of this line will indicate the continued growth in the area above the level of 60 rubles per US dollar. Expect the end of the fall of the pair is with the breakdown of the upper boundary of the descending channel.
USD/RUB Forecast Dollar Ruble on April 10, 2017 suggests an attempt to continue growth in the area above the level of 58 rubles per US dollar within the rebound of the values of the relative strength indicator from the support line.
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