Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If December extends last week's decline, the 50% retracement level of the July-October rally crossing at .10474 is the next downside target. Closes above last Wednesday's high crossing at .10787 would confirm that a short-term low has been posted.
First resistance is last Wednesday's high crossing at .10787.
Second resistance is October's high crossing at .10861.
First support is last Friday's low crossing at .10534.
Second support is the 50% retracement level of the July-October rally crossing at .10474.
