Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At this point, we should expect an attempt to test the lower border of the channel and continue the growth of quotations of the pair above the level of 61.50. In favor of the growth of the dollar against the ruble, a test of the support line on the indicator of relative strength index (RSI) will perform.
USD/RUB forecast & technical analysis on July 12, 2017
Cancellation of the growth option will drop the breakdown of level 60, which indicates continuation of the correction of the pair. With the breakdown of the upper limit, we expect the pair to accelerate above the level of 62 Rubles per US dollar.
USD/RUB forecast & technical analysis on July 12, 2017 assumes an attempt to test the lower limit and continue growth above the level of 61.50, an additional signal will be a test of the support line on the indicator of relative strength index (RSI).
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