Currency pair USD/RUB US Dollar to Russian Ruble is trading at 56.25. 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 Ichimoku Kinko Hyo signal lines is expected near the level of 56.60, from which it is expected to rebound and continue the development of a bearish trend with a target at 55.45. An additional signal in favor of the fall of the pair is the resistance level test.
Russian Ruble forecast USD/RUB on March 2, 2018
Earlier, a weak signal was received for the sell of the US Dollar/Russian Ruble, due to the crossing 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 quotes above the level of 57.35, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the pair USD/RUB is with the breakdown of the support level and closing below 55.15.
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