USD/RUB forecast Russian Ruble October 12, 2018


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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 66.37. At the moment, it is worth expecting an attempt to test the support level near the region of 66.10 Rubles for the US Dollar and the continued growth of the pair in the region above the level of 67.90.

USD/RUB forecast Russian Ruble October 12, 2018

In favor of the growth of the pair USD/RUB will test the rising trend line on the indicator of relative 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 65.75 Rubles per Dollar, which will indicate support areas and the continuation of the fall of the Dollar/Ruble to the area below 64.90. Confirmation of the growth of the pair will be the breakdown of the resistance area and the close above the level of 67.05.

USD/RUB forecast Russian Ruble October 12, 2018

USD/RUB forecast Russian Ruble October 12, 2018 implies an attempt to test the support level near 66.10, from which we should expect a rebound and continued growth of the dollar against the ruble with a target above 67.90, the test of the trend line for the relative strength index (RSI), the cancellation of the growth option will be the breakdown of the support area and the closing of quotes below 65.75.


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