Stochastics and the RSI are diverging but have turned bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, September's high crossing at 1.6281 is the next upside target. Closes below the 20-day moving average crossing at 1.6069 are needed to confirm that a short-term top has been posted.
First resistance is today's high crossing at 1.6267.
Second resistance is September's high crossing at 1.6281.
First support is the 10-day moving average crossing at 1.6121.
Second support is the 20-day moving average crossing at 1.6069.
