The currency pair US Dollar to Russian Ruble USD/USD continues to trade near the area of 55.82. The pair continues to test the area of the lower margin of the Forex model Wedge. It is worth to expect an attempt to fall into the area below the level of 55.50 and the beginning of the growth of the Dollar Ruble pair quotations within the framework of the Forex Execution of the Wedge model.
USD/RUB Forecast US Dollar to Ruble on April 26, 2017
Expect to accelerate the growth of USD/RUB is the breakdown of the upper limit of the model. In favor of the growth of quotations will perform a tight test of the upward trend line on the indicator of relative strength. The abolition of the growth option will be the fall and breakdown of the region of 55 rubles per US dollar.
USD/RUB Forecast US Dollar to Ruble on April 26, 2017 assumes an attempt to grow as part of the start of the development of the Forex for the Wedge model, in favor of growth, a trend line test will be performed on the relative strength indicator, the first target of growth is the region at the level of 57 rubles per US dollar.
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