| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
Our outlook on EUR/RUB is bearish, as the price has been trading within the descending channel for the past week.
Any recovery is therefore likely to be capped by the upper boundary of the pattern, currently residing at 73.00 and being strengthened by the 55-hour SMA. The ongoing rebound from the immediate support at 72.50 may also come to an end sooner, halted by the 72.80/76 supply area formed by the monthly pivot point and the 38.2% retracement of the Aug 1-19 rally.