Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the correction. At the moment, quotes are testing the area of the lower border of the bullish channel. It is expected to rebound and the growth of quotations above the level of 61.
USD/RUB forecast & technical analysis on July 17, 2017
In favor of the growth of the pair Dollar/Ruble comes a test of the support line on the indicator of relative strength index (RSI). The cancellation of the variant of growth will be the fall and breakdown of the area of 58.50, which will indicate the continued decline of the pair.
USD/RUB forecast & technical analysis on July 17, 2017 suggests a rebound attempt to the area above level 61, an additional signal is the support line test on the relative strength indicator, the breakdown will be a breakdown at level 58.50, indicating that the pair continues to fall.
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