Currency pair USD/RUB US Dollar to Russian Ruble is trading at 58.81. 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 signal line area test is expected near the level of 58.55, from which it is expected to rebound and continue the development of the bullish trend with the target of growth at the level of 60.20.
Russian Ruble forecast USD/RUB on November 8, 2017
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 57.45. The cancellation of the growth of the quotations of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the level of 57.65. Expect to accelerate the growth of the pair is with a breakdown of the level of 59.30.
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