USD/RUB 4H Chart: Bulls could prevail

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralBuyNeutral
Stochastic(5;3;3)NeutralBuyBuy
Alligator(13;8;5)SellSellNeutral
SAR(0.02;0.2)SellSellSell
Aggregate

Since the end of October, the USD/RUB exchange rate has been trading within a falling wedge pattern.  

From a theoretical point of view, it is likely that the currency pair could breach the predetermined pattern south in the nearest future. The pair could target the psychological level at 82.00. 

In the meantime, note that the exchange rate is pressured by the 55-, 100– and 200-period moving averages in the 74.85/76.75 range.

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