| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Neutral | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
Recently the common European currency made a rebound against the Russian Ruble. Due to that reason a review of the pair was done.
It can be observed that the currency exchange rate rebounded due to a support line, which can be mapped by connecting the August low levels. Meanwhile, if one uses the late August high to draw a parallel line, a speculative channel can be drawn.
Most likely in the short term the currency pair will surge up to the 200-period SMA, which on Monday was located at the 69.30 mark. However, the resistance was approaching a strong resistance cluster near the 69.50 mark.