The currency pair US Dollar to Russian Ruble USD/RUB completes trading week at 58.08. The pair is traded inside the Ichimoku Cloud, which indicates the presence of a lateral trend in the pair US dollar Russian ruble. It is expected to test the lower boundary of the Ichimoku Cloud near the level of 57.30, from which one should expect an attempt of growth and development of the bullish tendency for the pair with the purpose of growth near the level of 59.70.
Ichimoku Kinko Hyo USD/RUB Forecast May 8 — 12, 2017
Earlier, a weak signal was generated for purchases of the US dollar pair of the Russian Ruble, due to the intersection of signal lines at the level of 56.90. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 55.80, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations USD/RUB stands with the breakdown of the local maximum area at the level of 58.80.
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