USD/RUB Forecast Dollar to Russian Ruble on May 8, 2017

Currency pair US Dollar to Russian Ruble USD/RUB continues to move as part of the development of the reversal Forex forex model Double Bottom with a potential growth target above the area of 59.40 rubles to the US dollar. In favor of the growth of the dollar quotes, the Dollar Ruble is a breakdown of the downward trend line on the indicator of relative strength. However, we should not exclude the attempt of the test of the pierced resistance region near the level of 57.80 and after this continuation of the growth of the pair.

USD/RUB Forecast Dollar to Russian Ruble on May 8, 2017

USD/RUB Forecast Dollar to Russian Ruble on May 8, 2017

USD/RUB Forecast Dollar to Russian Ruble on May 8, 2017 suggests a correction attempt in the area of 57.80 and the continuation of growth in the area above the level of 59.50 rubles to the US dollar, an additional signal will be a test of a broken trend line on the indicator of relative strength, Fall and breakdown of the region 56.80 rubles.


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