Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the limits of the decline. At this point, we should expect a test of the level of 57.45 Rubles per US Dollar and the continuation of the fall of quotations of the pair below the level of 56.30.
USD/RUB forecast & technical analysis on September 7, 2017
In favor of the fall of the pair, a resistance line test will be performed on the indicator of relative strength index (RSI). The cancellation of the option of reducing the Dollar/Ruble pair will result in a strong growth and breakdown of the region of 58.50 Rubles to the US Dollar, which will indicate that the pair will continue to rise above the level of 59.50. Expect the acceleration of the fall of the pair USD/RUB is worth a breakdown of the level of 57 rubles per dollar.
USD/RUB forecast & technical analysis on September 7, 2017 assumes a test of the level of 57.45, from which it is expected to rebound and continue falling to the area below the level of 56.30, an additional signal will be a test of the downward trend line on the indicator of relative strength index (RSI).