Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week by a fall near the area of 56.70 Rubles per US Dollar. It is worth to expect an attempt to grow the pair US Dollar to Russian Ruble next week. In favor of growth is the formation of the reversal forex pattern «Head and Shoulders», as well as a test of the broken trend line on the indicator of relative strength index (RSI).
USD/RUB forecast on May 29, 2017 — June 2, 2017
Cancellation of the variant of the US Dollar to Russian Ruble USD/RUB pair growth will be the fall and breakdown of the local minimum area, which will indicate the continued decline of the pair. Expect to complete the formation of the reversal model with a breakdown of the region of 58 Rubles per US Dollar, which will indicate the acceleration of the pair’s growth.
USD/RUB forecast on May 29, 2017 — June 2, 2017 involves an attempt to rebound from the support area and start growth in the area above the level of 58 Rubles per US Dollar as part of the development of the reversal forex pattern «Head and Shoulders», an additional signal in favor of growth is the test the broken support line on the indicator of relative strength index (RSI).
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