The currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.50. The pair is trading below the lower boundary of the Ichimoku Cloud, which indicates the presence of 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 56.80, 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 55.50.
Ichimoku Kinko Hyo USD/RUB prediction on April 24, 2017
Earlier, a strong signal was generated for the sale of the pair US Dollar to Russian Ruble, due to the intersection of the signal lines at the level of 56.67. 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 57.10, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in USD/RUB quotations standing with the breakdown of the local minimum area at the level of 55.90.
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