Russian Ruble forecast USD/RUB on October 16, 2017


Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.63. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the US Dollar/Russian Ruble. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 57.60 is expected, from which it is expected to rebound and continue the development of the bullish trend with the target of growth at the level of 58.80.

Russian Ruble forecast USD/RUB on October 16, 2017

Russian Ruble forecast USD/RUB on October 16, 2017

Earlier, a strong signal was received for buy of the US Dollar/Russian Ruble, due to the crossing of the signal lines at the level of 57.90. The cancellation of the growth of the quotations of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the level of 57.40. Expect to accelerate the growth of the pair is with the breakdown of the level of 59.00.


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