Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.08. 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 Cloud is expected to test near the level 56.45, from which it is expected to rebound and continue the development of the bearish trend with a target at 54.90.
Russian Ruble forecast USD/RUB on February 5, 2018
Earlier, we received a weak signal for buy of the US Dollar/Russian Ruble, due to the crossing of signal lines at 56.15. 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 56.85, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the pair is with the breakdown of the lower boundary of the model «Triangle» and closing below the level of 55.65.
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