Currency pair USD/RUB US Dollar to Russian Ruble is trading at 61.98. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in the pair US Dollar/Russian Ruble. The test of the lower boundary of Ichimoku Kinko Hyo Cloud is expected near the level of 61.05, from which it is expected to rebound and continue the development of the bullish trend with the target at 66.05.
Russian Ruble forecast USD/RUB April 13, 2018
An additional signal in favor of the pair’s growth will be a test of the lower border of the channel, as well as a test of the support level. Earlier, a strong signal was received for buy of the US Dollar/Russian Ruble, due to the crossing of the signal lines at the level of 57.35.
The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 60.00, which will indicate a shift in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of the pair USD/RUB stands with the breakdown of the upper resistance area and the closing above the level of 63.50.