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. It is worth waiting for an attempt to continue the decline in the area below the level of 57.70.
USD/RUB technical analysis & forecast on July 27, 2017
In favor of the fall of the Dollar/Ruble pair 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 growth and breakdown of the level of 61 rubles per dollar, which will indicate the continued growth of the pair.
USD/RUB technical analysis & forecast on July 27, 2017 assumes an attempt to fall within the framework of the start of the development of the «Head and Shoulders» reversal model with the potential target of a decrease near the area of 57.70, with a breakdown of the breakdown of the local maximum level.
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