Currency pair US Dollar to Russian Ruble USD/RUB completed the trading month at 56.57. The pair continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a bearish trend in the pair US Dollar/Russian Ruble. It is expected to test the area of signal lines near the level of 59.70, from which one should expect an attempt to fall and develop a bearish tendency for a pair with a view to lower near the level of 51.40.
USD/RUB forecast US Dollar for June 2017
Earlier, a weak signal was generated for the sale of the currency pair US Dollar/Russian Ruble, due to the crossing of the signal lines at the level of 72.99. 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 quotations above the area of 65.60, which will indicate a change in the downward trend in favor of the upside. Expect the acceleration of USD/RUB quotes falling with the breakdown of the local minimum area at the level of 53.00.
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