| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
Since October, the USD/RUB currency pair has been trading within a falling wedge pattern.
From a theoretical point of view, it is likely that the exchange rate could continue to move within the predetermined pattern until the beginning of February. Then, a breakout north could occur, and the rate could raise to the 80.00 mark.
Meanwhile, note that the currency pair is pressured by the 55-, 100– and 200-period moving averages in the 74.00/75.10 range. Thus, a breakout south could occur, and the pair could decline to the Fibo 50.00% at 68.75.