Currency pair US Dollar to Russian Ruble USD/RUB is trading at 59.29. The pair is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the pair US Dollar/Russian Ruble. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 59.10, from which one should expect an attempt of growth and further development of the bullish trend for the pair US Dollar/Russian Ruble for the target of growth near the level of 60.70.
Russian Ruble forecast USD/RUB on July 5, 2017
Earlier, a weak signal was generated for the sale of the US Dollar/Russian Ruble, due to the crossing of signal lines at the level of 59.36. The cancellation of the growth of the quotes of the pair will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 58.00, 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 60.40.
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