| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
The USD/RUB currency pair has been trading sideways within a descending triangle pattern since the beginning of July.
From a theoretical point of view, it is likely that the exchange rate could continue to consolidate within the given pattern until the beginning of August. Then, a breakout south could follow.
On the other hand, the currency pair could gain support from the 55– and 100-period moving averages. Thus, the pair could breach the predetermined pattern north within the following trading sessions.