Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week near the level of 57.65 rubles per dollar. The pair continues to move within the framework of the «Head and Shoulders» reversal pattern.
USD/RUB weekly forecast June 19 — 23, 2017
We should expect an attempt to break the level of the Neck Line and continue the growth of the Dollar Ruble pair quotations to the area above the level of 60. In favor of the growth of the USD/RUB pair quotes, the trend line breaks out on the relative strength indicator.
USD/RUB weekly forecast June 19 — 23, 2017 suggests an attempt to continue growth in the area above the level of 60 rubles per dollar within the framework of the beginning of the development of the «Head and Shoulders» reversal model, the breakdown will be a breakdown of 55 rubles per dollar the continued decline in the pair’s quotes.
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