| 4H | 1D | 1W | |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
Since the middle of September, the EUR/RUB exchange rate has been trading upwards within an ascending channel.
From a theoretical perspective, it is likely that the currency pair could continue to trade upwards within the predetermined channel in the medium term. Note that the pair could face the resistance at the 94.00 mark.
Meanwhile, note that the exchange rate is pressured by the 100– and 200-period moving averages in the 91.50 area. Thus, a breakout south could occur, and the rate could decline to the Fibo 23.60% at 85.92.