Currency pair US Dollar to Russian Ruble USD/RUB is trading at 60.02. The pair continues to trade above the upper boundary of the Cloud of Ichimoku Kinko Hyo, which indicates the presence of an bullish trend in the pair US Dollar/Russian Ruble. Ichimoku Kinko Hyo Cloud is expected to be tested near the level of 59.40, from which one should expect an attempt of growth and further development of the bullish tendency for the pair US Dollar/Russian Ruble for growth near the level of 61.80.
Russian Ruble forecast USD/RUB on July 14, 2017
Earlier, a strong signal was generated for buying of the US Dollar to Russian Ruble, due to the crossing of the signal lines at the level of 59.33. The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 59.20, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations USD/RUB stands with the breakdown of the local maximum area at the level of 61.40.
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