The currency pair US Dollar to Russian Ruble USD/RUB continues movement within the forex model of Wedge, we should expect an attempt of tight test of the local minimum area and the beginning of growth in the area above the level of 57 rubles per US dollar.
USD/RUB Forecast Dollar Ruble on April 24, 2017
In support of the rebound, a support line test will be performed on the relative strength indicator. The cancellation of the variant of growth of the Dollar Ruble pair quotations will be the fall and breakdown of the region of 55 rubles per US dollar, which will indicate the continued decline in the pair’s quotes.
USD/RUB Forecast Dollar Ruble on April 24, 2017 assumes an attempt to test the area of 56 rubles per US dollar and the growth of quotations within the framework of the development of the bulls Forex model Wedge with the first target near the region of 57 rubles to the US dollar, 55 rubles.
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