USD/RUB forecast Dollar Ruble on March 19, 2018

Currency pair USD/RUB is trading at 57.28. 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 the level of 56.80 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 58.60.

USD/RUB forecast Dollar Ruble on March 19, 2018

USD/RUB forecast Dollar Ruble on March 19, 2018

The conservative area for Dollar/Ruble pair buying is near the lower border of the Bollinger Bands indicator strip at 56.20. Canceling the option of continuing the growth of the pair USD/RUB will be a breakdown of the lower border of the bands of the indicator Bollinger Bands, as well as a moving average with a level of 55 and the closing of quotes of the pair below the area of ​​55.60, 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.

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