Currency pair USD/RUB US Dollar to Russian Ruble is trading at 55.96. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in the pair US Dollar/Russian Ruble. Ichimoku Kinko Hyo signal line area test is expected near the level of 56.25, from which it is expected to rebound and continue the development of a downward trend with a target at 55.25. An additional signal in favor of the fall of the pair is the resistance level test.
Russian Ruble forecast USD/RUB on February 28, 2018
Earlier, a weak signal was received for the sale of the US dollar pair Russian Ruble, due to the intersection of the signal lines at the level of 57.25. The cancellation of the fall of the pair’s quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the level of 57.25, which indicates a change in the downward trend in favor of the upside. Expect to accelerate the fall of the pair is with the breakdown of the support level and closing below 55.65.
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