The currency pair US Dollar to Russian Ruble USD/RUB continues to move in line with expectations and at the moment there is a potential for continuing growth in the area above the level of 58 rubles per US dollar as part of the beginning of the development of the Forex model Wedge.
USD/RUB Forecast Dollar Ruble on April 28, 2017
In favor of the pair’s growth, the Dollar Ruble will perform a breakdown of the downward resistance line on the indicator of relative strength. The cancellation of the growth variant of the pair USD/RUB will be the fall and breakdown of the local minimum area, which will indicate that the pair will continue to fall below the level of 55 rubles per US dollar.
USD/RUB Forecast Dollar Ruble on April 28, 2017 suggests an attempt to continue growth in the area above the level of 58 rubles per US dollar as part of the Wedge model, and the breakdown of the local minimum area will be a cancellation.
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