The hourly 50-period SMA broke through the slower 200-period SMA, adding credence to the recent bullish USD/RUB profile.
If USD/RUB spot falls closer to the level where the moving averages crossed, then buyers might see it as an opportunity to reenter. Furthermore, a convincing break through the 50 SMA signals a neutral tone, shifting negative below the 200 SMA.
|0.8496299783388 ||0.8503899772961 ||0.8515299956003 ||0.8534300128618 ||0.8541900118192 ||0.8553300301233 |
|Trend Index||OB/OS Index|
| Bullish || Extremely Overbought |