Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.63. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Ruble. The Russian Ruble. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 56.70, from which one should expect an attempt to fall and develop a bearish trend for the pair with a view to lower near the level of 55.40.
USD/RUB forex outlook & analysis on June 7, 2017
Previously, a strong signal was generated for the sale of the US Dollar/Russian Ruble, due to the crossing of signal lines at 56.57. 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 quotes above the area of 57.20, which indicates a change in the bearish trend in favor of the bullish trend. Expect the acceleration of USD/RUB quotes falling with the breakdown of the local minimum area at the level of 55.60.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
