Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At the moment, we should expect a test of the resistance level and the continuation of the fall in the Dollar/Ruble quotations below the level of 56.50.
USD/RUB forecast & technical analysis on September 5, 2017
In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). Abolishing the option of reducing the Dollar/Ruble pair will be a strong growth and breakdown of the region of 59 rubles per US dollar, which will indicate the continued growth of the pair above the level of 60.50. Expect to accelerate the fall of the pair USD/RUB is worth a breakdown of the level of 57.10.
USD/RUB forecast & technical analysis on September 5, 2017 involves a rebound attempt from the resistance level near the area of 58.40 and the continuation of the fall into the area below the level of 56.00, an additional signal will test the trendline on the indicator of relative strength index (RSI), the abolition will be the breakdown of area 59.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link