Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If December extends this month's rally, September's high crossing at 1.3183 is the next upside target. If December renews the decline off September's high, the reaction low crossing at 1.2520 is the next downside target.
First resistance is September's high crossing at 1.3183.
Second resistance is the 50% retracement level of this year's decline crossing at 1.3252.
First support is the reaction low crossing at 1.2813.
Second support is the reaction low crossing at 1.2520.
