| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇗ |
The US Dollar continued to depreciate against the Russian Ruble. The USD/RUB currency pair has already surpassed the 70.00 level.
Note that the exchange rate is pressured by the 55-, 100– and 200-hour moving averages in the 69.50/71.50 area. Thus, some downside potential could continue to prevail in the market, and the rate could target the monthly S3 at 62.40.
Meanwhile, note that the currency pair could gain support from the monthly S1 at 68.22. If the given level holds, it is likely that a reversal north could occur. In this case it is unlikely that the pair could exceed the 2020 high at 81.96.