Chart USD/RUB Update: Limited tests higher - studies under pressure

Asterisk denotes strength of level

14:50 BST - Little change, as prices extend consolidation above congestion support at 80.0000. Daily readings are mixed/negative and broader weekly charts are also turning down, highlighting room for further losses in the coming sessions. A later break below 80.0000 will add weight to sentiment and extend losses initially to the 78.6250 current year low of 21 April. A further close beneath here would turn sentiment outright negative and confirm continuation of broad November losses. Meanwhile, resistance remains at 81.0000. A close above here, if seen, will help to stabilise price action and prompt consolidation beneath congestion around 83.5000.