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Russian Ruble forecast USD/RUB on October 4, 2017

Russian Ruble forecast USD/RUB on October 4, 2017


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Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.87. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Russian Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 57.85, from which it is expected to rebound and continue the development of the upward trend with a target at the level of 59.50.

Russian Ruble forecast USD/RUB on October 4, 2017

Earlier, a medium strength signal was received for buy of the US Dollar Russian/Ruble pair, due to the crossing of the signal lines at the level of 57.70. The cancellation of the growth of the quotations of the pair will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the level of 57.40. Expect to accelerate the growth of the pair is a breakdown level of 58.60.

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