USD/RUB Forecast Russian Ruble on July 4, 2017


Currency pair US Dollar Russian Ruble USD/RUB continues to move near the area of ​​59.20 rubles per US dollar. It is worth to expect an attempt to break the upper limit of the «Triangle» pattern of the continued growth of the Dollar/Ruble quotations to the area above the level of 61.50.

USD/RUB Forecast Russian Ruble on July 4, 2017

In favor of the growth of USD/RUB quotations is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of growth will be the fall and breakdown of the area of ​​58.40, which will indicate the continued decline in the US Dollar.

USD/RUB Forecast Russian Ruble on July 4, 2017

USD/RUB Forecast Russian Ruble on July 4, 2017 suggests an attempt to break up the «Triangle» pattern and continue the growth of the pair USD/RUB to an area above the level of 61.50, the breakdown of the area will be 58.40, an additional signal is the support test on the relative strength indicator.


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