| 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) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The US Dollar has been appreciating against the Russian Ruble since the end of January. Currently, the USD/RUB currency pair is testing the resistance level—the Fibonacci 23.00% retracement at 67.14.
Note that the exchange rate is supported by the 55-, 100– and 200-hour moving averages, currently located in the 65.50 area. Thus, some upside potential could prevail in the market. Important level to look out for is the 2018/2019 maximum at 70.60.
However, if the given resistance level holds, it is likely that a reversal south could occur in the nearest future. In this case the currency pair could gain support from the Fibonacci 61.80% retracement at 61.31.