The currency pair US Dollar to Russian Ruble USD/RUB continues to move within the Forex model Wedge. It is worth to expect an attempt to breakdown the upper limit of the model and continue growth in the area above the level of 58 rubles per US dollar.
USD/RUB Forecast US Dollar to Ruble on April 27, 2017
In favor of the growth of the pair USD/RUB, a breakdown of the resistance line will occur on the indicator of relative strength. The abolition of the growth option for the Dollar Ruble pair will be the fall and breakdown of the region of 55 rubles per US dollar, which will indicate the continued decline in quotations.
USD/RUB Forecast Dollar Ruble on April 27, 2017 suggests an attempt to break the upper limit of the Wedge model and continue the growth of quotations in the region above the level of 58 rubles per US dollar, to expect the acceleration of growth is with the breakdown of the downward resistance line on the indicator of relative strength.
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