Currency pair US Dollar to Russian Ruble USD/RUB continues to move within the framework of the formation of the «Head and Shoulders» reversal pattern.
USD/RUB technical analysis & forecast on July 26, 2017
It is worth expecting a test of the level of 60.40 rubles per dollar and further the reduction of the pair below the level of 58 rubles. In favor of the fall of the pair Dollar/Ruble is the test of the trend line on the indicator of relative strength index (RSI). The abolition of the fall option will be a strong increase in the level 61 breakdown.
USD/RUB technical analysis & forecast on July 26, 2017 implies an attempt to complete the formation of the reversal pattern and the beginning of the fall into the region below the level of 58 rubles per dollar, with a breakdown of the level of the local maximum, which will indicate the continued growth of the pair.
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