| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Neutral |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The EUR/RUB currency pair reversed from the lower boundary of the long-term ascending channel, and then the pair reversed south from the psychological level at 80.00.
As apparent on the chart, the exchange rate is testing the Fibonacci 23.605 retracement at 76.71. From a theoretical point of view, it is expected that the pair goes upwards. Potential upside target is the Fibonacci 0.00% retracement at 81.90.
It is the unlikely case that some bearish pressure still prevails in the market, the Euro should not exceed the lower channel line located in the 75.10/75.50 range.