| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The EUR/RUB currency pair has been trading upwards within a rising wedge pattern since the end of August.
From a theoretical point of view, it is likely that a breakout north could occur within the following trading sessions. In this case the rate could target the psychological level at 86.00.
In the meantime, note that the currency pair is supported by the 55– and 100-period SMAs in the 88.50 area. Thus, some upside potential could continue to prevail in the market.