USD / RUB have fallen strengths after finding resistance near the 37,500 level (R1) and in the middle of the day in Europe, it seems ready to hit resistance areas turned into support level 36 550/36 700 (as determined by the highest level of the day 17/3 and 8/8 th). Although it is still too early to confirm a new trend - rate structure has yet suggested that - but the subsequent decline can take place, according to my opinion. 2nd target rate of head and shoulders pattern upside down (to be completed on 17/7) and the 1st goal of the triangle pattern (formed on 28/8) was achieved. This, along with the ceasefire agreement and the fact that the pair fell from its highest level ever. The exchange rate breaks below its support zone 36 550/36 700 explicitly extended wave will probably fall today, probably towards the next support level of 35 850 (S2). Moreover, the RSI has escaped the overbought zone and is currently working toward the threshold 50op to believe in trends. My point is not that this increased time and it seems the next decline may occur in the short term.
• Support: 36 550 (S1), 35 850 (S2), 35.400 (S3).
• Resistance: 37.500 (R1) (the highest level ever).
• Support: 36 550 (S1), 35 850 (S2), 35.400 (S3).
• Resistance: 37.500 (R1) (the highest level ever).