Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.96. 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. Ichimoku Kinko Hyo Cloud is expected to test near the level of 56.85, from which it is expected to rebound and continue the development of the bullish trend with a target at 58.40.
Russian Ruble forecast USD/RUB on February 7, 2018
Earlier, we received a weak signal for buy of the US Dollar/Russian Ruble, due to the intersection of signal lines at 56.15. The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the level of 56.05, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of the pair is with the breakdown of the level of 57.40.
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