USD/RUB Forecast Dollar Ruble on March 21, 2017


The currency pair dollar ruble USD RUB continues to move within a downward trend, but at the moment there is a potential for completing the formation of an inverted forex head and shoulders model, which indicates a potential increase from current levels to an area above 62 rubles per US dollar.

USD/RUB Forecast Dollar Ruble on March 21, 2017

USD/RUB Forecast Dollar Ruble on March 21, 2017

In favor of the rebound variant of the Dollar Ruble pair, a dense test of the upward trend line appears on the indicator of relative strength, the cancellation of the growth variant of the fall and the breakdown of the local minimum area.

USD/RUB Forecast Dollar Ruble on March 21, 2017 suggests an attempt to complete the formation of the right shoulder of the reversal forex head and shoulders and start growth in the area above the level of 62 rubles per US dollar, the breakdown will be a breakdown of the region 56 rubles.


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