USD/RUB forecast US Dollar on September 20, 2017


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Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of growth. At the moment, there is an attempt to test the level of 57.85 and the continuation of the growth of the Dollar/Ruble pair above the level of 58.50, within the framework of developing the reversal model, the inverted «Head and Shoulders».

USD/RUB forecast US Dollar on September 20, 2017

In favor of the growth of the pair USD/RUB will perform a test of the support line on the indicator of relative strength index (RSI). The cancellation of the growth option for the Dollar/Ruble pair will be the fall and breakdown of the region of 56.50 Rubles per US Dollar, which will indicate that the pair will continue to fall below the level of 55. Expect a faster pair growth with a breakdown of the area at 58.20.

USD/RUB forecast US Dollar on September 20, 2017

USD/RUB forecast US Dollar on September 20, 2017 assumes an attempt to test the broken neck line and continue the growth above the level of 58.50 as part of the development of the «Head and Shoulders» reversal model, an additional signal for the growth of the pair will be a trend line test on the relative strength indicator (RSI).

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