The currency pair US dollar to Russian ruble USD/RUB is trading at 56.28 rubles to the US dollar. 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 area of signal lines near the level of 56.50, from which one should expect an attempt to fall and develop a bearish tendency for a pair with a view to reducing near the level of 55.10 rubles to the US dollar.
Ichimoku Kinko Hyo USD/RUB Forecast on April 7, 2017
Earlier, a weak signal was received for the sale of the US dollar pair Russian Ruble, due to the intersection of the signal lines at the level of 58.60. 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 58.00, 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 55.60 rubles per dollar.
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