MACD gave buy signal; price above the ichimocku cloud; things looking fine; i will wait for the price to go to upper resistance.
RSI rebounded from oversold position. We should see a channel move with price and RSI value targets in the long term as shown.
There is a negative divergence for the RSI; also it seems to form a head and shoulders pattern. There is quite a probability that monthly candle might form an engulfing bear, if you see that, it is a good sign of entrance to bear market.
Price target is as shown. I will wait for the neckline to break. Most emerging market currencies are set to win value against the dollar.