Currency pair US dollar Russian Ruble USD/RUB is trading at 57.02. The pair is trading below the lower boundary of the Iсhimoku Cloud, which indicates the presence of a downward trend in the pair US dollar Russian ruble. It is expected to test the area of signal lines near the level of 57.70, from which one should expect an attempt to fall and develop a bearish trend for this pair in order to reduce the level of 56.40. Earlier, a weak signal was received for the sale of the US dollar pair of the Russian Ruble, due to the intersection of signal lines at the level of 58.70.
Ichimoku Forecast USD/RUB on March 29, 2017
The abolition of the decline option will be a breakdown of the upper boundary of the Iсhimoku Cloud with the closing of quotations above the area of 58.40, which will indicate a change in the downward trend in favor of the ascending trend. Expect the acceleration of USD/RUB quotations falling with the breakdown of the local minimum area at the level of 56.70.
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