Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At the moment, the pair quotes are testing the local maximum area. It is worth waiting for an attempt to test the bottom border of the rising channel at the level of 60 rubles per US Dollar, where again the pair continues to grow in the area above the level of 61.
USD/RUB forecast & technical analysis on July 11, 2017
In favor of the growth of the pair USD/RUB is the test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option will be the fall and breakdown of the area of 59.50, which will indicate a fall in the pair’s quotations in the area below the level of 58.80. With the breakdown of the upper boundary of the bullish channel, we should expect the growth of the Dollar/Ruble pair to accelerate.
USD/RUB forecast & technical analysis on July 11, 2017 involves an attempt to test the lower limit and continue growth in the area above the level of 61, an additional signal is the test of the support line on the indicator of relative strength index (RSI), the cancellation will be the breakdown of the area of 59.50.
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