Stochastics and the RSI are overbought but remain neutral to bullish signaling that additional short-term gains are possible. If September extends the rally off June's low, April's high crossing at 101.68 is the next upside target. Closes below the 20-day moving average crossing at 99.88 are needed to confirm that a short-term top has been posted.
First resistance is Thursday's high crossing at 101.35.
Second resistance is April's high crossing at 101.68.
First support is the 10-day moving average crossing at 100.71.
Second support is the 20-day moving average crossing at 99.88.
