The currency pair US Dollar to Russian Ruble USD/RUB is trading at the level of 57.86. The pair is trading above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair US dollar Russian ruble. It is expected to test the area of signal lines near the level of 57.30, from which one should expect an attempt to grow and develop a bullish tendency for a pair with the purpose of growth near the level of 58.80.
Ichimoku Kinko Hyo USD/RUB Forecast on May 5, 2017
Earlier, a weak signal was generated for purchases of the US dollar pair of the Russian Ruble, due to the intersection of the signal lines at the level of 56.21. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 56.30, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations USD/RUB stands with the breakdown of the local maximum area at the level of 58.30.
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