| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Neutral |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇘ | ⇓ | ⇒ |
The US Dollar has been depreciating against the Russian Ruble during the last month. However, recently the currency exchange rate has reached the support line of a dominant descending channel pattern.
The dominant pattern has a very small angle of decline, which means that most likely we will soon see the formation of a new ascending junior pattern.
Although, the rate is most likely going to trade flat for some time, as it is set to face the resistance of the 23.60% Fibonacci retracement level and the monthly S1 near the 58.75 mark.
Moreover, the 55-period simple moving average is approaching from the upside to strengthen the resistance cluster.