Chart USD/RUB Update: Lower in choppy trade - studies under pressure

Asterisk denotes strength of level

13:30 BST - Cautious trade has given way to a drift down to congestion support at 80.0000, where rising intraday studies are prompting fresh consolidation. Daily stochastics and the daily Tension Indicator are under pressure, however, 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 is lowered to 81.0000. A close above here, if seen, will help to stabilise price action and prompt consolidation beneath congestion around 83.5000.