years on the market

USDRUB technical analysis 28.04.2017

USDRUB

The pair is trading higher than 57.00 level. The growth may accelerate if today the Bank of Russia lowers the interest rates by 0,50%, instead of 0,25% as expected. 

The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI is rising. Stoch reside in the overbought zone.

Trading recommendations: 
Buy the pair with a probable target of 57.80.

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