Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.87. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the US Dollar/Russian Ruble. Ichimoku Kinko Hyo signal line area test is expected near the level of 56.70, from which it is expected to rebound and continue the development of the bullish trend with a target at the level of 57.85.
Russian Ruble forecast USD/RUB on March 14, 2018
An additional signal in favor of the growth of the pair will test the level of support. Earlier, we received a weak signal for buy of the US Dollar/Russian Ruble, due to the crossing of the signal lines at the level of 56.25.
The cancellation of the growth of the pair’s quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the level of 56.05, which will indicate a change in the flat trend in favor of a bearish trend. Expect to accelerate the growth of the pair USD/RUB stands with the breakdown of the upper boundary of the indicator Cloud and the closing above the level of 57.15.
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