USD/RUB weekly forecast on June 18 — 22, 2018


Currency pair USD/RUB is trading at 62.34. 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 level test of 61.90 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 64.90.

USD/RUB weekly forecast on June 18 — 22, 2018

USD/RUB weekly forecast on June 18 — 22, 2018

The conservative area for buying of the Dollar/Ruble pair is located near the lower border of the Bollinger Bands indicator strip at 61.00. Canceling the option of continuing the growth of the pair USD/RUB will be a breakdown of the lower border of the Bollinger Bands indicator bands, as well as a moving average with a level of 55 and the closing of quotations of the pair below the area of ​​60.00, indicating a change in the trend in favor of the 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.


Share This Post

Post Comment