Chart USD/RUB Update: Extending consolidation - background studies under pressure

Asterisk denotes strength of level

12:45 GMT - Little change, as prices extend cautious trade above recent range lows around 102.0000. Daily readings are mixed, suggesting room for further range trade into the coming sessions. But broader weekly charts continue to track lower, highlighting room for a later break towards congestion around 100.0000. A break beneath here would add weight to sentiment, but a further close below the 98.5300 Fibonacci retracement and the 98.5000 break level is needed to confirm continuation of late-November losses and open up 95.0000. Meanwhile, any immediate tests above 105.0000 should meet selling interest beneath 110.0000.