Stochastics and the RSI are diverging but are bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off November's low, September's high crossing at 1.3188 is the next upside target. Closes below the 20-day moving average crossing at 1.2977 are needed to confirm that a short-term top has been posted.
First resistance is last Wednesday's high crossing at 1.3142.
Second resistance is September's high crossing at 1.3188.
First support is the 20-day moving average crossing at 1.2977.
Second support is the reaction low crossing at 1.2892.
