Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.44. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a downward trend in the pair US Dollar/Russian Ruble. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 57.65, from which it is expected to rebound and continue the development of the bearish trend with the target of falling at the level of 56.45.
Russian Ruble forecast USD/RUB on October 25, 2017
Earlier, we received a weak signal for purchases of the US Dollar/Russian Ruble, due to the intersection of the signal lines at the level of 57.45. The cancellation of the fall of the quotes of the pair will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the level of 58.10. Expect to accelerate the fall of the pair is with a breakdown of the level of 56.80.