Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Buy | Buy | Sell |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Buy | Sell | Sell |
Alligator (13; 8; 5) | Buy | Buy | Sell |
SAR (0.02; 0.2) | Buy | Buy | Sell |
Aggregate | ⇒ | ⇒ | ⇘ |
The US Dollar has possibly revealed the upper trend line of the medium scale ascending channel pattern against the Russian Ruble.
In general, what has occurred, is a rate change of the central bank of Russia, which has resulted in not change for a longer term trader. However it caused an increase of volatility to the upside, as the pair jumped and declined in the aftermath of the rate change.
The pair rebounded after meeting the first monthly resistance at the 58.77 level. That level is now serving as a reference point for the upper trend line of a possible channel up pattern.