Currency pair US Dollar Russian Ruble USD/RUB continues to move within the framework of the bullish correction. At the moment, we should expect a test of level 59.20 and continuation of the fall of the pair in the area below the level of 57.50.
USD/RUB forecast & technical analysis on December 5, 2017
In favor of the fall of the pair USD/RUB will test the resistance line on the indicator of relative strength index (RSI). The cancellation of the fall of the USD/RUB pair on the FOREX will be a strong growth and breakdown of the region of 59.40 rubles to the dollar, which indicates the continued growth of the pair above the level of 60.50. Expect to accelerate the fall of the dollar against the ruble is a breakdown of the level of 58.20.
USD/RUB forecast & technical analysis on December 5, 2017 assumes a test of the level of 59.20, from which one should expect a rebound and the continued depreciation of the Dollar against the Ruble rate with a target below the level of 57.50, the abolition of the fall option will be a breakdown of the area of 59.40.
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