| 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 | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The EUR/RUB currency pair has been trading within a descending channel since the end of April.
From a theoretical point of view, it is likely that the exchange rate could continue to trade within the given channel in the medium term. Note that the rate would have to surpass the support level formed by the Fibo 38.20% and the monthly S1 in the 78.00 area.
On the other hand, note that the currency pair is pressured by the 55-, 100– and 200-hour SMAs in the 81.00 area. Thus, a breakout south could occur in the nearest future, and the pair could target the Fibo 61.80% at 71.38.