| 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 | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The Russian Ruble continued to appreciate against the European Common Currency within the medium-term descending channel.
Currently, the USD/RUB currency pair is testing the upper channel line at 73.20. From a theoretical point of view, it is expected, that a reversal south could occur in the nearest future. The nearest possible downside target is the monthly S1 at the 71.28 mark.
However, note, that the exchange rate is supported by the 55– and 100-hour SMAs. Thus, if the given channel does not hold, it is likely, that a breakout north occurs soon, and the pair could reach the psychological level at 74.00.