Stochastics and the RSI are overbought, diverging but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends this week's trading range breakout, weekly resistance crossing at 1.3391 is the next upside target. Closes below the 20-day moving average crossing at 1.3065 would confirm that a short-term top has been posted.
First resistance is Wednesday's high crossing at 1.3321.
Second resistance is weekly resistance crossing at 1.3287.
First support is the 10-day moving average crossing at 1.3117.
Second support is the 20-day moving average crossing at 1.3065.
