USD/RUB 4H Chart: Heading Higher

Note: This section contains information in English only.
Source: Dukascopy Bank SA

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.

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