| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The EUR/RUB exchange rate has been trading within a rising wedge pattern since the beginning of June.
From a theoretical perspective, it is likely that the currency pair could breach the given pattern south within the following trading sessions. In this case the pair could decline to the Fibo 38.20% at 78.48.
On the other hand, the exchange rate could gain support from the Fibo 23.60% and breach the given pattern north in the nearest future. Note that the rate could face the resistance of the monthly R3 at 84.92.