Ichimoku Kinko Hyo USD/RUB forecast on April 11, 2017


The currency pair US Dollar to Russian Ruble USD/RUB is trading at the level of 57.22. 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. The pair is testing the lower boundary of the Ichimoku Cloud at the level of 57.22, from which it is expected to try to fall and develop the bearish tendency for the pair with the aim of reducing near the level of 55.60.

Ichimoku Kinko Hyo USD/RUB forecast on April 11, 2017

Ichimoku Kinko Hyo USD/RUB forecast on April 11, 2017

Earlier, a weak signal was generated for purchases of the US dollar pair of the Russian Ruble, due to crossing of the signal lines at the level of 56.40. The abolition of the decline option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotes above the area of 57.50, indicating 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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