Currency pair US Dollar to Russian Ruble USD/RUB is trading at 59.74. The pair continues to trade above the upper boundary of the Cloud of Ichimoku Kinko Hyo, which indicates the presence of an bullish trend in the pair US Dollar/Russian Ruble. The pair USD/RUB is expected to fall near the level of 58.80, from which one should expect an attempt of growth and further development of the bullish trend for the pair USD/RUB with the target of growth near the level of 61.50.
USD/RUB forecast Russian Ruble on June 23, 2017
Earlier, a weak signal was generated for buying of the Dollar/Ruble, due to the crossing of signal lines at 56.59. The cancellation of the growth of the pair’s quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 57.50, 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 60.90.
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