Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.21. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a downward trend in the pair US Dollar to Russian Ruble. Ichimoku Kinko Hyo Cloud is expected to test near the level 56.60, from where it is worth to expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 55.30.
Ichimoku Kinko Hyo forecast USD/RUB on May 17, 2017
Earlier, a weak signal was generated for the sale of the pair US Dollar to Russian Ruble, due to the crossing of the signal lines at the level of 57.70. 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 area of 57.60, which will indicate a change in the downward trend in favor of the bullish trend. Expect the acceleration of US Dollar to Russian Ruble USD/RUB quotations falling with the breakdown of the local minimum area at the level of 55.70.
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