Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.86. The pair continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend in the Dollar/Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 57.30, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 56.60.
USD/RUB forecast Russian Ruble on June 14, 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. Consider buying is worthwhile with the breaking of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes above the level of 57.20, in the case of breaking through the lower boundary of the Ichimoku Kinko Hyo Cloud, we should expect the continuation of the bearish trend development in USD/RUB.
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