Stochastics and the RSI are diverging but have turned bullish signaling that sideways to higher prices are possible near-term. Closes above September's high crossing at 1.3188 would confirm an upside breakout of a three and a half month trading range. Closes below the 20-day moving average crossing at 1.2981 would confirm that a short-term top has been posted.
First resistance is September's high crossing at 1.3188.
Second resistance is weekly resistance crossing at 1.3287.
First support is the 20-day moving average crossing at 1.2981.
Second support is the reaction low crossing at 1.2760.
