USDRUB - Hourly chart

Trading Idea:

Short from 79,50-79,80!

Support & resistance:

🔴 Resistance Levels:

79.8360 — the nearest key resistance level, previously acted as a pullback and profit-taking zone.

80.1531 — strong resistance from which the last downward impulse originated.

80.4933 — the upper boundary of the range; serves as a potential target if the price breaks higher.

🟡 Support Levels:

79.5086 — local support level, where price may consolidate after breaking the descending trendline.

77.1250 — a confirmed level where downward momentum previously halted.

76.7750 — important support zone from which the current bullish impulse started.

🔍 Additional Notes:

Price has confidently broken above the descending trendline and is testing the 79.50 level — a potential setup for consolidation and continuation upward.

RSI has exited the oversold zone, confirming bullish momentum.

Volume increased on the upward impulse, supporting the probability of further upward movement.