Published: 2026-03-11T12:49:56.000Z
Chart USD/RUB Update: Cautious trade - background studies rising
4
Cautious trade above support at 78.0000 has given way to a fresh test higher
| Levels | Comment | Levels | Comment | |||||
| R4 | 81.0000 | * | congestion | S1 | 79.0000 | * | break level | |
| R3 | 80.5000 | congestion | S2 | 78.0000 | * | break level | ||
| R2 | 80.4250 | ** | 50% ret of Sep-Jan fall | S3 | 77.5000 | * | congestion | |
| R1 | 80.0000 | ** | break level | S4 | 77.0000 | * | congestion |
Asterisk denotes strength of level
12:20 GMT - Cautious trade above support at 78.0000 has given way to a fresh test higher, as intraday studies improve, with prices currently trading above 79.0000. A test of resistance at 80.0000 cannot be ruled out. But negative daily stochastics should limit any initial tests in consolidation, before the positive daily Tension Indicator and rising weekly charts prompt a break and extend late-January gains towards the 80.4250 - 80.5000 range. Meanwhile, any immediate tests back below support at 79.0000 should be limited in consolidation above 78.0000.