USD/RUB forecast Russian Ruble October 9, 2018


Currency pair US Dollar Russian Ruble USD/RUB continues to move as part of its growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 66.86. At the moment, we can 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 69.35.

USD/RUB forecast Russian Ruble October 9, 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 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 be the breakdown of the upper boundary of the downward channel and closing above the level of 68.05.

USD/RUB forecast Russian Ruble October 9, 2018

USD/RUB forecast Russian Ruble October 9, 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 69.35, a test in favor of the pair will be a test of the relative strength index (RSI), the cancellation of the growth option will break the support area and close the quotes below 61.50.


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