| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇘ |
The US Dollar recently encountered the combined resistance of two dominant channel patterns against the Russian Ruble. As a result of the mentioned event, the currency exchange rate has begun a decline, which can be put into the borders of a narrow ranged descending channel pattern. First of all it has to be mentioned that this pattern is unlikely going to last long. The reason for that is the fact that due to the bounce off of the long term pattern a new medium term pattern is most likely going to form. However, the new medium term channel, in accordance with the grand scale situation, should be descending one. Meanwhile, the next target for the descent is the support of the 23.60% Fibonacci retracement level of the 2015 low and 2016 high levels at the 57.81 mark.