| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The US Dollar has been appreciating against the Russian Ruble since the end of September after the USD/RUB exchange rate reversed north from the lower boundary of the long-term ascending channel at 63.69.
From a theoretical perspective, it is likely that some upside potential could prevail in the market, as the currency pair should target the upper channel line. Important level to look out for is the 2019 high located at 67.00.
It is unlikely that bears could prevail in the market, and the сurrency pair could breach the given channel south, as it is supported by the 55-, 100– and 200-hour moving averages, currently located in the 64.53/64.98 range. However, if the given support does not hold, the pair could decline to the Fibonacci 50.00% retracement at 63.10.