USD/RUB Forecast Dollar Ruble on April 17 — 21, 2017


The currency pair Dollar Ruble USD/RUB finished the trading week at the level of 56.22 rubles to the US dollar. The pair continues to trade in a downward trend and at the moment it is worth waiting for an attempt to test the local minimum area.

USD/RUB Forecast Dollar Ruble on April 17 — 21, 2017

In favor of the rebound of quotations in the area above the level of 59 rubles, the US dollar is favored by the formation of the forex model of the Wedge, as well as the bullish wave model of Wolf.

USD/RUB Forecast Dollar Ruble on April 17 — 21, 2017

An additional signal in favor of the rebound of the Dollar Ruble pair quotations will be a tight test of the support line on the indicator of relative strength. Canceling the rebound option and the beginning of USD/RUB quotations, the breakdown of the region is 54 rubles per US dollar.

USD/RUB Forecast Dollar Ruble on April 17 — 21, 2017 assumes an attempt to test the local minimum area and start growth in the area above the level of 59 rubles per US dollar as part of the start-up of the Forex for the Wedge model.


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