Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week at 56.70. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the currency pair. Ichimoku Kinko Hyo Cloud is expected to test near the level of 57.00, from which one should expect an attempt to fall and develop a bearish tendency for a pair with the aim of lowering near the level of 54.80.
USD/RUB prediction on May 29, 2017 — June 2, 2017
Earlier, a signal was generated for the average strength of sales of the USD/RUB, due to the intersection 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 55.50.