A high wave candle on the daily USD/RUB chart augurs that the upward power of this market is dissipating.
Closing the day below the 21-day simple moving average, this pair has thrown in a large bodied candlestick, with both upper and lower wicks summing up to a above average trading range.
Both buyers and sellers were defending the extremes, yet a neutral to bearish tone prevails.
|1.0259366432825 ||1.0265233119328 ||1.0269166628519 ||1.0278966824213 ||1.0284833510716 ||1.0288767019907 |
|Trend Index||OB/OS Index|
| Bullish || Neutral |