Currency pair US Dollar to Russian Ruble USD/RUB closes the trading week at 56.93. The pair continues to trade within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend in the US dollar. The Russian Ruble. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 57.60, from which one should expect an attempt to fall and develop a bearish trend for the pair USD/RUB with a view to lower near the level of 55.30.
USD/RUB weekly forecast June 12 — 16, 2017
Earlier, a signal was generated for the average strength of sales of the US Dollar/Russian Ruble, due to the crossing of signal lines at the level of 57.16. 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 58.40, which indicates 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 55.90.
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