| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
During the second half, the EUR/RUB currency pair traded sideways in the rising triangle pattern. Recently, the pair has broken the given pattern south.
From a theoretical perspective, it is likely that some downside potential could prevail in the market. In this case the exchange rate could target the Fibo 38.20% at 78.53.
However, note that the currency pair could gain support from the Fibo 23.60% at 82.93. If the given level holds, it is likely that the pair could continue to trade sideways between the given support and the psychological level at 90.00.