The currency pair US Dollar to Russian Ruble USD/RUB is trading at the level of 57.04. The pair continues to trade below the lower limit of the Ichimoku Cloud, which indicates a downward trend in the pair US dollar Russian ruble. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 57.20, from which one should expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 55.60.
Ichimoku Kinko Hyo USD/RUB Forecast on April 10, 2017
Now a weak signal is being formed for purchases of the pair US Dollar to Russian Ruble, due to intersection of the signal lines at the level of 56.40. The abolition of the reduction option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotes above the area of 57.70, which will indicate a change in the downward trend in favor of the ascending trend. Expect the acceleration of the USD/RUB quotes falling with the breakdown of the local minimum area at the level of 56.60.
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