Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.93. 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. The test area of the Ichimoku Kinko Hyo signal lines is expected near the level of 57.05, from which it is expected to rebound and continue the development of the fall with a target at 56.05.
Russian Ruble forecast USD/RUB on January 8, 2018
Earlier, a medium strength signal was received for the sell of the US Dollar/Russian Ruble, due to the crossing of the signal lines at the level of 59.05. The cancellation of the fall of the pair’s quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the level of 58.25, 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 channel and closing below the level of 55.80.