Russian Ruble forecast USD/RUB on October 18, 2017


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Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.26. The pair is trading below the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Russian Ruble. A test of the Ichimoku Kinko Hyo signaling area near the level of 57.60 is expected, from which it is expected to rebound and continue the development of the bearish trend with the target of falling at the level of 56.30.

Russian Ruble forecast USD/RUB on October 18, 2017

Russian Ruble forecast USD/RUB on October 18, 2017

Earlier, a medium strength signal was received for the sell of the US Dollar/Russian Ruble, due to the crossing of the signal lines at the level of 57.95. The cancellation of the fall of the quotes of the pair will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the level of 58.10. Expect to accelerate the fall of the pair is with a breakdown of the level of 56.80.

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