Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of a decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 66.45. At the moment, we should expect an attempt to test the support level near the region of 66.10 Rubles for the US Dollar and the pair to continue to grow to an area above the level of 68.05.
USD/RUB forecast Russian Ruble October 10, 2018
In favor of the growth of the pair USD/RUB will test the rising trend line on the relative strength strength index (RSI). Cancellation of the growth option of the USD/RUB pair at Forex will be a fall and a breakdown of the level of 64.85 Rubles per Dollar, which will indicate support areas and the continuation of the fall of the Dollar Ruble to the area below the level of 61.50. Confirmation of the growth of the pair will break the upper limit of the downward channel and close above the level of 68.15.
USD/RUB forecast Russian Ruble October 10, 2018 suggests an attempt to test the support level near the area of 66.10, from which we can expect a rebound and continued growth of the Dollar rate against the Ruble with a target above the level of 68.05, the cancellation of the growth option will break the support area and close the quotes below 61.50.