Currency pair USD/RUB is trading at 65.34. Quotes of the pair are trading below the moving average with a period of 55. This indicates the presence of a bearish trend for the pair Ruble/Dollar. At the moment, pair quotes are moving near the midpoint of the Bollinger Bands indicator bands.
USD/RUB forecast Dollar Ruble on November 23, 2018
As part of the Dollar/Ruble pair forecast, the 66.00 is expected to test. Where to expect the attempt-ku to continue the fall of the USD/RUB pair and the further development of the downtrend. The purpose of such a movement is the area near the level 64.20. The conservative area for selling the USD/RUB pair is located near the upper boundary of the Bollinger Bands indicator at 67.40.
Canceling the option of continuing the fall of the pair Dollar/Ruble will break the area of the upper boundary of the Bollinger Bands indicator. And also the moving average with period 55 and the closing of quotes pair above the area of 68.00. This will indicate a change in the current trend in favor of the bullish USD/RUB. In case of breakdown of the lower boundary of the Bollinger Bands, it is expected to accelerate the fall.
USD/RUB forecast Dollar Ruble on November 23, 2018 implies a test level of suggests a test level of 66.00. Further, it is expected to continue falling to the area below the level of 64.20. The conservative sale area is located near the area of 67.40. Canceling the option of falling USD/RUB pair will break the level of 68.00. In this case, it is expected to continue growth.
