The currency pair US Dollar to Russian Ruble USD/RUB continues to test the local minimum area and currently trades at 56.08 rubles per US dollar. The potential for rebound and growth of the pair in the region above the level of 58 rubles per US dollar remains.
USD/RUB Forecast Dollar Ruble on April 6, 2017
In favor of the rebound is the test of the rising trend line on the indicator of relative strength, as well as the formation of the head and shoulders reversal model on the RSI indicator.
The abolition of the growth option will be the fall and breakdown of the region of 55 rubles per US dollar, which will indicate the continuation of the downward trend development for the pair USD/RUB.
With the breakdown of the region of 60 rubles per dollar, one should expect the completion of a downward trend in the pair and the beginning of growth.
USD/RUB Forecast Dollar Ruble on April 6, 2017 an attempt is made to rebound into the region above the level of 57.50 rubles per US dollar, in favor of growth is a tight test of the support line on the indicator of relative strength, the breakdown of the region will be 55 rubles per US dollar.
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