Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.78. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the USD/RUB. The currency pair is expected to rise near the level of 57.10, from which one should expect an attempt to fall and develop a bearish tendency for the pair with the target of reducing near the level of 56.10.
USD/RUB forecast Russian Ruble on June 1, 2017
Previously, a strong signal was generated for the sale of the US Dollar to Russian Ruble, due to the crossing of the signal lines at the level of 57.10. The cancellation of the fall of the pair’s quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 57.50, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the USD/RUB quotes falling with the breakdown of the local minimum area at the level of 56.20.
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