Currency pair USD/RUB US Dollar to Russian Ruble is trading at the level of 57.65. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in the US Dollar/Russian Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 57.75, from which it is expected to rebound and continue the development of the bearish trend with a target of falling at 56.65.
Russian Ruble forecast USD/RUB on October 30, 2017
An additional signal will test the upper boundary of the bearish channel. 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 fall of the quotes of the pair will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the level of 58.05. Expect to accelerate the fall of the pair is with a breakdown of the level of 56.80.
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