Currency pair US Dollar to Russian Ruble USD/RUB is trading at 56.51. The pair broke through the Ichimoku Kinko Hyo Cloud and began to trade below its lower limit, which indicates a bearish trend in the pair US Dollar to Russian Ruble USD/RUB. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 57.20, 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 55.60.
USD/RUB prediction US Dollar to Ruble on May 23, 2017
Earlier, a weak signal was generated for the sale of the US Dollar to Russian Ruble USD/RUB, due to the crossing of the signal lines at the level of 57.70. 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 57.70, 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 56.00.
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