Chart USD/RUB Update: Prices remain under pressure
Anticipated losses are within reach of support at the 75.5400 monthly low of 5 December
| Levels | Comment | Levels | Comment | |||||
| R4 | 80.0000 | ** | congestion | S1 | 75.5400 | ** | 5 Dec (m) low | |
| R3 | 79.0000 | * | break level | S2 | 75.0500 | ** | 61.8% ret of 2022-2024 rally | |
| R2 | 78.0000 | * | break level | S3 | 74.0250 | ** | 10 July 2025 (y) low | |
| R1 | 77.5000 | * | congestion | S4 | 73.0000 | break level |
Asterisk denotes strength of level
12:35 GMT - Anticipated losses are within reach of support at the 75.5400 monthly low of 5 December, with prices currently balanced around 75.8150. Daily readings are negative and broader weekly charts are under pressure, highlighting a deterioration in sentiment and room for still further losses in the coming sessions. A break beneath here will add weight to sentiment and extend September losses towards the 75.0500 Fibonacci retracement. Beneath here is critical support at the 74.0250 year low of 10 July 2025. But already oversold daily stochastics could limit any initial tests in short-covering/consolidation. Meanwhile, resistance is lowered to congestion around 77.5000 and extends to 78.0000. This range should cap any immediate tests higher.