| Indicator | 1H | 4H | 1D |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇘ | ⇒ |
The common European currency has been surging against the Russian Ruble during the past two trading session. The surge was caused by the meeting of a dominant support level near the 72.60 mark.
This resulted in the formation of a junior ascending channel pattern, which on Monday was struggling to pass the resistance of a medium scale descending pattern.
However, during the second half of the day the resistance of the pattern was pierced after the currency rate found support in the various hourly SMAs and the weekly PP.