EUR/RUB is neutral

Our pivot point stands at 102.290.

Our preference

Technical rebound towards 102.290 before a new drop.

Alternative scenario

Above 102.290, look for 109.650 and 114.030.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (94.279) but below its 50 period moving average (96.002).

Supports and resistances

114.030 **

109.650 *

102.290 **

99.400

95.952 last

87.080

82.730 **

78.380 *

74.030 **

Number of asterisks represents the strength of support and resistance levels.