Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Triangle model. At the moment, you should expect a test area of 59.50 rubles per dollar and then continue to grow above the level of 62.50 rubles. In favor of the growth of the Dollar Ruble pair is the test of the support line on the indicator of relative strength index (RSI).
USD/RUB forecast & technical analysis on August 15, 2017
Expect to accelerate the growth of the pair USD/RUB stands with the breakdown of the upper limit of the Triangle model. The cancellation of the growth option for the Dollar/Ruble pair on Forex will be the fall and the breakdown of the area of 58.50, which will indicate that the pair will continue to decline and the Triangle model will be developed with a target below level 55.
USD/RUB forecast & technical analysis on August 15, 2017 assumes a test of the level of 59.50 and the beginning of growth above the level of 62.50, an additional signal is a test of the support line on the indicator of relative strength index (RSI).
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