| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | 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 Euro has been appreciating against the Russian Ruble since the end of February. The EUR/USD exchange rate has already exceeded the 73.00 level.
Note that the currency pair is supported by the 55-, 100– and 200-hour moving averages, currently located in the 72.50 area. Thus, some upside potential could prevail in the market. In this case the pair would have to surpass the Fibo 23.60% at 76.71.
If the given resistance level holds, it is likely that a reversal south could occur in the nearest future. It is unlikely that the exchange rate could decline below the Fibo 61.80% at 68.30.