Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.57. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the US Dollar/Russian Ruble. Ichimoku Kinko Hyo Cloud near the level of 56.80 is expected to be tested, from which it is expected to try to fall and develop a bearish tendency for a pair with a view to lower near the level of 55.70.
USD/RUB forecast & analysis June 5, 2017
Previously, a strong signal was generated for the sale of the currency pair US Dollar to Russian Ruble USD/RUB, due to the crossing of signal lines at 56.57. The cancellation of the fall of the pair’s quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 57.30, which will indicate a change in the bearish trend in favor of the bullish 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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