Currency pair USD/RUB is trading at 62.04. Quotes of the pair are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for the Dollar/Ruble. At the moment, the quotes of the pair move near the upper border of the Bollinger Bands indicator bars. A test of level 61.60 is expected, where again one should expect an attempt to continue growth and further development of the upward trend for the Dollar/Ruble pair near the level of 63.80.
USD/RUB forecast Dollar Ruble on May 28, 2018
The conservative area for Dollar/Ruble pair buying is near the lower border of the Bollinger Bands indicator strip at 60.70. Cancellation option of continuing USD/RUB pair growth will be the breakout area of the lower Bollinger Bands indicator strips border, as well as the moving average to the level of 55, and the closing quotations of the pair below the 58.50 area, which will indicate the change of the trend in favor of a bearish for Dollar/Ruble. In the event of breakdown of the upper boundary of the bands of the indicator Bollinger Bands, one should expect an acceleration of growth.
