Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.48. The pair is hovering below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates the presence of a downward trend in the pair US Dollar to Russian Ruble USD/RUB. The pair is expected to rise near the level of 57.00, from which it is expected to try to fall and develop a bearish trend for a pair with a view to lower near the level of 55.10.
USD/RUB prediction & signals on May 24, 2017
Earlier, a medium strength signal was generated for the sale of the US Dollar to Russian Ruble USD/RUB, due to the crossing of signal lines at the level of 57.20. 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 to accelerate the fall in USD/RUB quotations standing with the breakdown of the local minimum area at the level of 55.50.
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