| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Sell |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The US Dollar's movement against the Russian Ruble has been guided by several patterns, the most senior of which is a four-week descending channel. The pair tested its upper boundary last week, fell down to the 200-hour SMA and has since returned near the 55– and 100-hour moving averages at 63.15.
Despite reversing from the aforementioned channel, it does not seem that the Greenback is ready to lose its position, as the pair managed to breach the 55– and 100-hour SMAs mid-today.
Technical indicators flash bullish signals for this session, while they remain neutral for the following week. The pair is likely to target either the upper channel line or the monthly R1 at 63.80 and 66.00, respectively. In terms of downside potential, the weekly PP at 61.75 should limit further losses.