| Indicator | 1D | 1W | 1M |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The common European currency is appreciating against the Russian Ruble in a four month long ascending channel that has recently began to transform into a rising wedge. Formation of the wedge began, when the currency exchange rate tried to slide to the bottom trend-line of the channel for the second time. During the yesterday's trading session the currency rate broke though the monthly and weekly R1 amid the news from the OPEC meeting in St. Petersburg. This advance suggests that the rate might reach the monthly R2 at 71.3648 already by end of the month. A combination of this pivot point with the pattern's resistance line should give an impulse strong enough to push it out of the formation.