Currency pair US Dollar to Russian Ruble USD/RUB is trading at the level of 57.39. The pair broke through the Cloud of Ichimoku Kinko Hyo and began to trade above its upper limit, which indicates that there is an bullish trend in the pair US Dollar/Russian Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 57.10, from which one should expect an attempt of growth and further development of the bullish tendency for the pair with the target of growth near the level of 58.30.
USD/RUB forecast Dollar Ruble on June 16, 2017
Earlier, a weak signal was generated for buying of the US Dollar to Russian Ruble, due to crossing of the signal lines at the level of 56.59. The cancellation of the growth of the quotes of the pair will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 56.40, 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 58.00.
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