Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 58.36 Rubles to the US Dollar. The pair continues to move within the framework of the «Triangle» model. At the moment, we should expect a test of the resistance level near 59.50 and the continuation of the fall of the pair below the level of 57.20.
USD/RUB forecast on November 27 — December 1, 2017
In favor of the fall of the pair, the Dollar/Ruble will perform a test of the broken resistance line on the indicator of relative strength index (RSI). The cancellation of the variant of the fall of the Dollar/Ruble pair will result in a strong growth and breakdown of the region of 61.50, which will indicate the continued growth of the Dollar against the Russian Ruble. Expect to accelerate the fall of the pair is with the breakdown of the local minimum level and closing below 56.00.
USD/RUB forecast on November 27 — December 1, 2017 assumes a test of the level of 59.50, from where it is expected to fall of the Dollar to the area below 57.20, in favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI), the cancellation of the depreciation of the Dollar on the current trading week will be strong growth and breakdown of the region 61.50.
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