USDRUB Gref is getting closer to his forecast of 60 rubles
The greatest economic strategist of our days G. Gref is getting closer to his forecast of 60 rubles. Let me remind you that he recently “reassured” all Russians that devaluation is not expected when the course was 69. When I heard this, I no doubt did the opposite. And he gave an idea with a forecast of growth to 72.
Who is not too lazy to ask to see.
What awaits us next.
Currency pair Dollar Ruble USD / RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.7 Moving averages indicate the presence of a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of American currency.
Thus, the USD / RUB forecast for the Dollar on July 7, 2020 implies an attempt to test the resistance level near the area of 72.15. Where can we expect a rebound and the continuation of the fall of the Dollar against the Ruble with a target below the level of 70.5. An additional signal in favor of reducing the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance area and closing of quotations below the level of 70.
Who is not too lazy to ask to see.
What awaits us next.
Currency pair Dollar Ruble USD / RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.7 Moving averages indicate the presence of a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of American currency.
Thus, the USD / RUB forecast for the Dollar on July 7, 2020 implies an attempt to test the resistance level near the area of 72.15. Where can we expect a rebound and the continuation of the fall of the Dollar against the Ruble with a target below the level of 70.5. An additional signal in favor of reducing the pair will be a test of the trend line on the relative strength index (RSI). Cancellation of the fall option will be a breakdown of the resistance area and closing of quotations below the level of 70.
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