Can we go higher than 140? I think we can. I'm looking at the dynamics in the Moscow real estate index provided by IRN, where the Moscow prices per sq .meter currently stand at around 200kRUR / 2.6k$. The USD prices have been falling impulsively since 2008, and the wave structure of the index in USD suggests one last drop in wave 5 to around 1000$, which should match the last spike in the RUR exchange rate, before a large multi-year correction sets in.
So I think we can very well see 160 in USDRUB , which should bring the real estate prices in Moscow closer to 1k$ target.