Published: 2026-04-02T12:25:57.000Z
Chart USD/RUB Update: Under pressure
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Cautious trade is giving way to the anticipated break lower
| Levels | Comment | Levels | Comment | |||||
| R4 | 86.0000 | * | congestion | S1 | 80.3440 | * | 24 Mar (m) low | |
| R3 | 84.0000 | * | congestion | S2 | 80.0000 | * | break level | |
| R2 | 82.0000 | ** | congestion | S3 | 79.5000 | ** | 61.8% ret of Jan-Mar rally | |
| R1 | 81.0000 | * | congestion lows | S4 | 79.0000 | ** | congestion |
Asterisk denotes strength of level
13:15 BST - Cautious trade is giving way to the anticipated break lower, with prices currently pressuring critical support within the 80.0000 break level and the 80.3440 monthly low of 24 March. Daily readings have turned down and overbought weekly stochastics are also unwinding, highlighting room for a break beneath here. March losses will then target the 79.5000 Fibonacci retracement, with potential for continuation towards congestion around 79.0000. Meanwhile, resistance is lowered to 81.0000. A close above here, if seen, would help to stabilise price action and prompt consolidation beneath congestion around 82.0000.