Currency pair USD/RUB is trading at 63.12. 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, quotes of the pair test the upper boundary of the bars of the indicator Bollinger Bands. A test of level 62.30 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 65.30.
USD/RUB forecast Dollar Ruble on April 11, 2018
The conservative area for Dollar/Ruble pair buying is near the middle border of the Bollinger Bands indicator strip at 57.60. Cancellation option of continuing USD/RUB pair growth will average breakdown field boundaries Bollinger Bands indicator strips, as well as the moving average to the level of 55, and the closing quotations of the pair below the 56.70 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.
