Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the formation of the «Triangle» model. At the moment, there is a potential for falling quotes of the Dollar/Ruble pair in the area below the level of 59 rubles per dollar.
USD/RUB forecast & technical analysis on August 4, 2017
In favor of the fall of the pair is the rebound of the values of the relative strength indicator from the resistance line. The abolition of the reduction option will be a strong growth and breakdown of the region of 60.60 rubles per dollar, which will indicate the continued growth of the pair.
USD/RUB forecast & technical analysis on August 4, 2017 assumes an attempt to fall to the region of the lower boundary of the «Triangle» model at the level of 59 rubles per dollar, the breakdown of the region of 60.60 will be a step that will indicate the continued growth of the pair.
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