Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Buy | Buy | Sell |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Sell | Sell | Sell |
Alligator (13; 8; 5) | Buy | Neutral | Neutral |
SAR (0.02; 0.2) | Buy | Sell | Buy |
Aggregate | ⇒ | ⇒ | ⇘ |
The US Dollar has begun a rebound against the Russian Ruble. In general a large scale surge is to be expected as high as the 61.00 mark.
However the pair's newly formed junior channel up pattern is in danger of being broken, as the lower trend line of the channel has become alone support level. Compared to the strong resistance cluster from the 58.80 to the 59.00 level, the mentioned support can be considered as nonexistent.
It is possible that the pair will fall as low as the 58.35 mark and reveal a larger up pattern.