USDRUB technical analysis 28.04.2017

USDRUB

The pair is trading higher than 57.00 level. The growth may accelerate if today the Bank of Russia lowers the interest rates by 0,50%, instead of 0,25% as expected. 

The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI is rising. Stoch reside in the overbought zone.

Trading recommendations: 
Buy the pair with a probable target of 57.80.