USD/RUB 1H Chart: Downside potential

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3) Neutral Neutral Buy
Alligator (13; 8; 5) Sell Sell Neutral
SAR (0.02; 0.2) Sell Buy Sell
Aggregate ⇘ ⇒ ⇒

[ANNOUNCE] The Russian Ruble has been appreciating gradually against the US Dollar since the beginning of January. This movement has been bounded in the descending channel. [/ANNOUNCE] 

Given that the currency pair is being pressured by the 55-, 100– and 200-hour SMAs, it is likely that the pair goes downside within following trading sessions. If given channel does not hold, a breakout south occurs in the nearest future. A possible downside target the psychological level at 64.00. 

However, the exchange rate has to surpass important support level formed by the Fibonacci 38.20% retracement at 64.86.

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