The USD/RUB exchange rate continued to trade upwards, guided by the ascending trend line.
From a theoretical perspective, it is likely that some upside potential could prevail in the market. In this case the currency pair would have to exceed the resistance level formed by the monthly R1 at 80.63.
Meanwhile, it is unlikely that bears could prevail in the market, and the exchange rate could decline below the monthly S1 at the 74.01 mark.
