| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The common European currency recently revealed a large scale ascending channel pattern against the Russian Ruble. The pattern was discovered, as the currency exchange rate did a rebound against the lower trend line of the pattern.
Moreover, the rebound has occurred in a small scale channel up pattern. However, the pattern has already encountered the resistance of a medium term channel down pattern. In general, the situation is quite complicated.
In regards to the short and medium term, one should look at the region near the 69.50 mark. If a rebound occurs, a new medium scale pattern will develop. On the other hand the pair might decline down to a massive scale support, which on Tuesday was located at the 69.00 mark.