Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week at 56.68. The pair is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend in the US Dollar/Russian Ruble. The currency pair USD/RUB is expected to rise near the level of 56.95, 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 54.75.
USD/RUB weekly forecast June 5 — 9, 2017
Earlier, a signal was generated for the average strength of sales of the currency pair 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 58.50, which indicates a change in the bearish trend in favor of the bullish trend. Expect the acceleration of USD/RUB quotations falling with the breakdown of the local minimum area at 55.30.
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