Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 60 rubles per US dollar. At the moment, the pair continues to trade within the framework of the «Triangle» model formation.
USD/RUB weekly forecast on August 14 — 18, 2017
It is worth expecting the test of the lower boundary of the model at level 59, as well as the area of support and continuation of growth above the level of 63 rubles per US dollar. Expect the acceleration of the pair’s growth. The Dollar/Ruble stands with the breakdown of the upper limit of the Triangle model.
The cancellation of the variant of the Dollar/Ruble pair growth will be the fall and breakdown of the area of 58, which will indicate the continued decline of the pair.
USD/RUB weekly forecast on August 14 — 18, 2017 assumes an attempt to test the lower limit of the «Triangle» model and the continuation of growth above the level of 63, the cancellation will be a breakdown of level 58, in which case it is expected that the pair fall below 55 rubles per US dollar.
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