Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the Forex Triangle model. We should expect an attempt to break the upper limit of the model and continue the growth of the pair above the level of 62 rubles per dollar.
USD/RUB forecast & technical analysis on August 3, 2017
In favor of growth is a rebound from the support line on the indicator of relative strength index (RSI), as well as the formation of the model inverted «Head and Shoulders».
USD/RUB forecast & technical analysis on August 3, 2017 involves an attempt to break the upper limit of the Triangle model and continue growing above the level of 62 rubles per dollar, the breakdown of the region will be 58.50, indicating that the pair will continue to decline.
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