Stochastics and the RSI are diverging but turning neutral hinting that sideways to higher prices are possible near-term. If March extends the rally off November's low, weekly resistance crossing at 133.91 is the next upside target. Closes below the 20-day moving average crossing at 1.3127 are needed to confirm that a short-term top has been posted.
First resistance is last 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 1.3218.
Second support is the 20-day moving average crossing at 1.3127.
